NEWS

Student Loan Trust Fund: Ghc 9.1 million to be released to over 6,000 students

Students of various tertiary institutions in the country are to benefit from an additional loan disbursement of some GHS 9.1 million, the Student Loan Trust Fund(SLTF) has announced.

When released, this will bring to total the amount released for the 2019/2020 academic year to 42.9 million Ghana Cedis.

Managers of the SLTF have in the past few months been heavily criticised for the undue delays in the disbursement of funds to students. There have been several reports of students having to defer their courses or dropout of school as a result. The SLTF in its bid to justify the delays have attributed the situation to the ‘refusal’ of past beneficiaries to repay the loans disbursed to them.

The announcement by the SLTF is thus welcoming news for many students who had raised concerns about the delay.

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Find below a copy of the press release by the Student Loan Trust Fund:

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