Bank of Valletta has launched the new BOV Studies+ StudentAssist Scheme, developed in collaboration with the Malta Development Bank (MDB). This launch marks the third consecutive tranche entrusted to BOV, reinforcing the Bank’s position as the leading partner for educational financing.
Since 2019, when the first tranche was launched, BOV has built a proven track record in supporting students through MDB-backed initiatives. The first tranche supported 168 students and generated a portfolio exceeding EUR6 million. Building on that success, the second tranche launched in 2022, expanded dramatically, assisting over 540 students and raising the portfolio to approximately EUR26.8 million. These results demonstrate BOV’s consistent ability to deliver high-impact educational finance with reliability, scale, and strong operational expertise.
The new BOV Studies+ StudentAssist scheme continues this mission by widening access to further and higher education, including MQF Levels 5 to 8, and specialised international qualifications such as aviation and maritime licences. True to the principles of previous schemes, BOV Studies+ StudentAssist Scheme focuses on removing barriers that may prevent individuals from pursuing their studies. The scheme introduces more flexible and affordable terms, ensuring that students can advance academically without being limited by financial pressures.
Kenneth Farrugia, BOV CEO, remarked, “This third tranche is a clear endorsement of our unparalleled experience and proven performance in supporting students with their financing solutions to enhance their academic qualifications. With the BOV Studies+ StudentAssist Scheme, we reaffirm our position as a leading and trusted provider of educational finance in Malta—a distinction built on years of expertise and a strong partnership with the Malta Development Bank. Our track record speaks for itself: we have supported over 700 students with more than EUR32.5 million in financing since 2019, and we continue to set the standard in removing financial obstacles for aspiring learners.”
Through the BOV Studies+ StudentAssist Scheme, BOV is once again demonstrating its long-standing commitment to investing in education, a key pillar of the Bank’s corporate social responsibility. By empowering students to specialise, upskill, and embark on new career paths, BOV is not only advancing academic opportunities but also making a tangible contribution to Malta’s long-term economic and social development. Our deep-rooted understanding of students’ needs, combined with the consistently high impact of our educational finance solutions, ensures that BOV remains the partner of choice for those who wish to invest in their future through further and higher education.
The BOV Studies+ StudentAssist Scheme is now available across all BOV branches. Students interested in pursuing further studies are invited to speak with a BOV representative for more information on eligibility and application requirements. Additional information is found on the Bank’s website https://www.bov.com/studies-plus-loan, and potential applicants are encouraged to book an appointment through the Bank’s online booking system https://myappointment.bov.com/
