LNASP Important Financial Update

November 12th, 2014

Dear Institutions and Partners,

Greetings from CBIE!

We are writing today to provide you with an update on the Libyan North American Scholarship Program. As many of you may already know, due to the ever-evolving situation on the ground in Libya, the Quarter 4 Monthly Living Allowance (MLA) Budget transfer was delayed. Fortunately, we received good news today that the Quarter 4 MLA Budget has now been received, which means we will be processing both the October and November MLAs to eligible students this week, and December will be paid on-time as well.

We would also like to take this opportunity to inform you that CBIE has not yet received the 2014/2015 tuition budget; however, we are in close communication with the Scholarship Department in Libya and have been assured that the funds are guaranteed to be transferred in the near future. In the meantime, CBIE is continuing to review the Fall 2014 tuition invoices that we have received, however, a hold has been placed on processing payments until the funds are received.

Understanding the unique challenges in Libya at this time, we seek the support of our partner institutions in temporarily lifting holds on students’ accounts so that they may register for the next term (provided a valid CBIE Financial Support Letter has been issued), as well as waiving or delaying late fees whenever possible.

Please be assured that we will update all institutions as soon as we have any new information to share regarding the status of the 2014/2015 Tuition Budget transfer.

CBIE Libyan-North American Scholarship Program


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