Student Loans Trust Fund defaults on loans – NUGS

Emmanuel Yiadom Boakye is the President of the National Union of Ghana Students (NUGS)

The National Union of Students of Ghana (NUGS) has expressed concern over the inability of the Student’s Loan Trust Fund (SLTF) to meet its financial obligations to students.

For about two years, the SLTF has not repaid student loans and those in the Normal Schools of Education and Nursing have also not received their allowance.

While commending the government for introducing the “no guarantor” policy in accessing student loans, NUGS President Emmanuel Yiadom Boakye expressed concern over the late disbursement of funds.

“Our joy in the new policy is not fully addressed, due to the inability of the Trust Fund to repay student loans for around two years now, a worrying development which NUGS management has not been happy with.

“We urgently call on the government, through the Student Loans Trust Fund, to pay our students as soon as possible. This will enable those who depend on it to obtain the necessary funds to pay their tuition and tuition,” he stressed.

NUGS leaders across the country gathered at Ejisu in the Ashanti Region for the 56th Residential Union Congress.

Emmanuel Yiadom Boakye, President of NUGS

The theme of the Congress is: “Ensuring inclusive and equitable quality education and promoting lifelong learning opportunities for all; the role of NUGS.

Mr Boakye said: ‘Lately we have also had trainees from colleges of education and the nurses are receiving stipends to support them. Although the government has done well to deploy it, there are still monies owed by the government to the interns. Acquiring notes and papers, field trips, and clinical expenses are difficult for some students.”

“We pray that the government will pay the stipends and maintain its payment for the greater good of our training college system,” Boakye added.

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