The iTaukei Land Trust Board (TLTB) has introduced an early withdrawal scheme allowing minors with lease accounts to access up to 40% of their funds for educational purposes.
Previously, these funds were held in trust and released with accrued interest when minors turned 18.
In a statement, the TLTB Management outlined that eligible students can apply for assistance of $300 for primary education, $500 for secondary education, or varying amounts for tertiary and private institution fees, subject to the availability of funds. Applications require supporting documents, including a birth certificate, parents’ bank account details and confirmation or offer letters from schools or institutions. For tertiary students, an official invoice is mandatory.
The deadline for primary, secondary, and private institution applications is 20 January 2025, with tertiary payments processed upon receipt of the institution’s invoice. For further information, applicants can contact TLTB representatives Viema Vakarau or Livai Tuvola at 999 3916 and 999 5735, or via email at ltuivola@tltb.com.fj.
