The following are the general conditions which must be met before a favorable consideration will be given to any application under the programme of financial assistance:

• The applicant must be a full-time undergraduate at the Mona Campus or a Jamaican national who is pursuing a full-time undergraduate programme in the Bahamas.
• The applicant should be pursuing at least Level 2 of their programme of study. Under special circumstances, applications will be considered from first year students and students who already hold a first degree.
• The applicant must prove that he/she is unable to meet the maintenance budget as established by the University.
   
• In the case of short term loans, applicants must demonstrate their ability to repay.
• The applicant must be able to prove that they have exhausted or been turned down for all other available sources of financing for reasons not connected with non-payment of previous loans.
   
• The applicant should have failed no more than one course. In exceptional cases where it can be established that lack of funds has contributed significantly to the poor academic performance, some consideration may be given.