Interest Free Student Loan Scheme (IFSLS)

The Student Loans Division in the Ministry of Education implements the Interest-Free Student Loans Scheme (IFSLS) for Sri Lankan students who have passed the G.C.E. (Advanced Level) Examination, conducted by the Department of Education.

About the Government Interest Free Students' Loan Scheme

The Student Loans Division in the Ministry of Education implements, Interest Free Students Loan Scheme (IFSLS) for the Sri Lankan Students who have passed G.C.E (Advanced Level) Examination. The opportunity is given to follow selected degree Programmes accredited and at all the Non State Higher Education are approved by the Ministry of Education.

This not only eases the financial burden but also serves as a testament to your dedication and potential. Whether you’re an outstanding academic achiever, a leader in extracurricular activities or someone with a passion for making a positive impact – this will help you achieve your higher education dreams!

IFSLS
Student Handbook: Interest Free Student Loan Scheme

Approved Degree Programmes

Entry Requirements

Applicants must have obtained at least Simple (S) passes in all three subjects of the G.C.E. (A/L) examination in one sitting, to be eligible for these degree programs and Simple (S) pass for General English in G.C.E (Advanced Level) or Simple (S) pass for English for G.C.E (Ordinary Level).

* Minimum 30 Marks for Common General Test.