Online Payment Guidelines / Financial Assistance

Financial Assistance

During the academic year 2021 – 2022 SCHSBM will award financial aid maximum of BDS $5,000.00 to applicants to ALL Masters of Science programmes. The amount will be prorated across the duration of the programme per semester based on students’ academic standing.

Applicants will be judged and awarded on the following criteria:

Financial need,
Academic achievement and,
Community leadership

Minimum Requirements

Applicants must meet the criteria for entry into the Masters of Science programme of choice
Must maintain a grade point average of B+ each semester
Must be currently involved/associated in a community oriented project
Applicant must demonstrate financial need by scripting an essay
The aid must be used for SCHSBM’s Masters of Science programme
Prior recipients must maintain a grade point average of B+ to be considered for continued financial assistance

How to apply?

Download and complete the Financial Assistance application form at the end of this page.

Submit the completed form to chsb@cavehill.uwi.edu

Please note the following:

The Financial Assistance cannot be combined with full scholarships.
A maximum of BDS $2,500.00 can be allocated if the participant is already receiving a part scholarship not in excess of 50% of the cost of the programme

Payment Options

Fygaro online payment system.
To make a payment using Fygaro send us an email at chsb@cavehill.uwi.edu informing us that you are desirous of making a payment. Remitting your request via your programme manager or customer service representative is also acceptable. Please indicate the following via the request, where applicable:
- Name of Participant/organization
- Description of course / programme
- Invoice number being paid
- Payment amount and Currency
- The payment currencies accepted via this means are Barbados dollars (BBD) and United States dollars (USD) only.
After processing your request, an electronic invoice will be sent to you using the Fygaro platform, click on the “Pay” button to initiate the easy to follow payment process.
1. Credit Card / Visa Debit payment. (authorization forms can be downloaded from our website: https://www.uwichsb.org/admissions-and-fees/financial-assistance/
1. Direct Debit Payment (Local Barbados Banks transmission only).
  - Name on Account: Cave Hill School of Business Inc.
  - Address on A/c: University of The West Indies, Cave Hill Campus, St. Michael, Barbados.
  - Banker: RBC Royal Bank (Barbados) Ltd
  - Account Number: 2521474
  - Transit: 09415
  - Account type – chequing
  - Branch: University Drive Branch
* Please note that you may be required to combine the transit number and account number to enable transfer. Kindly remit an electronic copy of the completed transfer to chsb@cavehill.uwi.edu
1. Wire Transfer (Barbados[BDS] Currency)
  - Name on Account: Cave Hill School of Business Inc.
  - Address on A/c: University of The West Indies, Cave Hill Campus, St. Michael, Barbados.
  - Banker: RBC Royal Bank (Barbados) Ltd – BENEFICIARY BANK
  - Account Number: 2521474
  - Bank Transit: 09415
  - Swift: ROYCBBBB
Kindly remit an electronic copy of the completed transfer to chsb@cavehill.uwi.edu
1. Wire Transfer (USD Currency)
  - Name on Account: Cave Hill School of Business Inc.
  - Address on A/c: University of The West Indies, Cave Hill Campus, St. Michael, Barbados.
  - Account Number: 2521474
  - Bank Transit: 09415
  - Banker: RBC Royal Bank (Barbados) Ltd – BENEFICIARY BANK
Swift code: ROYCBBBB

Bank address: Broad Street, Bridgetown. Barbados

JP Morgan Chase – INTERMEDIARY BANK

International Payments Department (A/c# 0011879327)

Address: 4 Chase Metrotech Centre, New York, United States of America

ABA#: 021000021

Kindly remit an electronic copy of the completed transfer to chsb@cavehill.uwi.edu