The Students Loan Trust Fund (SLTF) says it will resume publishing the names of beneficiaries who have refused to pay back their loans this month. It said it had been able to trace a number of borrowers who were in employment but were yet to settle their indebtedness to the Trust fund. Also, the SLTF […]
Tag: SLTF
No guarantor loans: GH¢12m Released to students
The Students Loan Trust Fund (SLTF) has released GH¢12 million as loans without guarantees to students in tertiary institutions across the country. A total of 10,000 students from 148 tertiary institutions in the country accessed the loan which is the first payment since the “No Guarantor Loan Scheme” was launched a month ago. The Chief […]
Students Loan Trust joins Credit Reporting System
The Bank of Ghana (BoG) has included the Students Loan Trust Fund (SLTF) in the Credit Reporting System (CRS). This means that details of students who borrow from the trust will be included in the credit reference bureau to keep their credit behaviour profile. The measure is to boost the recovery efforts of the SLTF […]
Government requires GHC189m next year to offer loans to students
The Students Loan Trust Fund (SLTF) has projected that it will cost the government at least GH¢189 million to provide loans for almost 50,000 tertiary students who are likely to apply for loans in the 2020/2021 academic year. The estimated student population represents 10 per cent of the annual tertiary enrolment, which is expected to […]
Prosecute recalcitrant and intransigent student loan defaulters-GUPS President urges government
President of Ghana Union of Professional Students (GUPS), Mr Justice Aboagye-Sarpong has expressed disappointment and frustration in former students who have refused to settle their indebtedness to the Students Loan Trust Fund several years after school. According to him, this irresponsible act clearly sabotages the Sustainable Development Goals (SDG) goal 4 which seeks to achieve […]
NUGS raises concern over Student Loan Trust Fund with finance Minister-urges reforms
The National Union of Ghana Students (NUGS) has raised long standing issues having to do with the Student Loan Trust Fund and the challenges faced by students in their quest to access loan funds with the Minister for Finance Ken Ofori Atta. Led by the National President Tinkaro Asare Osei, the leadership of NUGS met […]
Student loan beneficiaries cry out to NUGS and USAG to help pressure gov’t for disbursement of their loans
Beneficiaries of the Students Loan Trust Fund are impressing upon the National Union of Ghana Students (NUGS) and the University Students Association of Ghana (USAG) to intervene by impressing upon government to disburse their loans to them without any further delay. According to the beneficiaries, government seems to have deliberately neglected them by reneging on […]