At the Bahamas Institute of Business and Technology we believe that excellence should be rewarded and as a result we make every effort to provide assistance to persons who have excelled in their education efforts through our various scholarship programs. These initiatives are detailed below:
All students or prospective students of the Bahamas Institute of Business & Technology may seek tuition assistance from the institution by way of the following programs:
Founder’s Scholarship is awarded in recognition of the contributions of the founder of the college, Dr. Deswell Forbes.
This scholarship is open to all new students entering the college and is based solely on academic accomplishment. Requirements are as follows:
This scholarship is awarded to continuing students who have completed 30 or more credits at BIBT. It is based on academic performance alone with requirements as follows:
This award is given to the student who in the eyes of the faculty and staff is the most outstanding student and embodies the ideals of the institution. It is awarded to students who have completed 30 or more credits at the college. The amount of the award is $250 and it is good for one session only.
This award is available to students who transfer from another college and have completed a minimum of 15 credits with a GPA of 3.0 or better. The amount of the award is $1000 which is granted in increments of $200 per session.
The Eric Stewart Memorial Scholarship is available at our Freeport campus only and is awarded to freshman students who excel in the literary arts.
This scholarship is given in recognition of the tireless contributions of the various arms of law enforcement in the country. Officers of the police force, defense force, customs department, immigration department and prison department are eligible. The amount of the award is $3500.
Persons who work in the public service can benefit from this program. This award is given in increments of $300 each session for a period of 2 years.
This program permits students who are in need to meet a portion of their educational expense through part-time employment at the college. Interested students should contact the Placement Office for details.
The Bahamas Government administers several programs that permit Bahamians to access funding for post-secondary purposes. A few are listed below:?
These are scholarships obtained from independent business organizations. Many are given to employees and children of employees. If you are employed, check with your organization to confirm the availability of scholarships.
Many business organizations provide tuition reimbursement for employees who perform satisfactorily in courses related to their role in the organization. Usually, individuals have to earn a grade of “C” and above to qualify. Check with you company to confirm if this benefit is available to employees.
Perhaps the best known scholarship foundation at this time is the Lyford Cay Foundation. They award scholarships in specific technical areas and for specific institutions. Applications can be collected from the placement office or the foundations office.
Scholarship loans are open to students who qualify. Students are required to apply directly to the lending institution once their program of study at the college has been approved. These loans usually require collateral but establish bank customers might be exempt. Many clearing banks have designed educational loans which are open to all individuals who qualify.
You may wish to consider the following lending institutions: Commonwealth Bank, Scotia Bank, RBC, Fidelity Bank and Bank of the Bahamas
Members of certain credit unions can also access loans for college through these institutions. Some credit unions include: Teachers & Salaried Workers Union and the Public Service Workers Union