SOCIAL SECURITY AND NATIONAL INSURANCE TRUST
GUARANTOR REPLACEMENT : What happens to a guarantor who is retiring even though the student is yet to complete his/her course of study? ?

Published on 23 November, 2015.

The student can replace any of his/her guarantors when he is still in school, provided the incoming guarantor meets the qualification to guarantee;

— Has not guaranteed for more than two loan beneficiaries already. He/she completes Form SL.3.

— A guarantor with five years contributions can guarantee for only one student.