Minister of Education: President Akufo-Addo has approved 'NO GUARANTOR POLICY' for higher education students

Students at tertiary institutions can now apply for loans without confidence, said Education Minister Dr Yaw Osei Adutwum. the introduction of an ‘uncertainty guarantee policy’ approved and passed into law by President Akufo-Addo. President Akufo-Addo, Speaking at a meeting with the management of Kwame Nkrumah University of Science and Technology (KNUST) about the relocation of about 6,000 students, the Bosomtwe lawyer said the move was part of the government's efforts to improve education in the countr he said, Nana Akufo-Addo has given permission for the development of a policy called ‘uncertainty policy’ which is now the law of the country, which means students can apply for a loan to be given money without a donor, ”he said. Managers of the Students' Loan Trust Fund (SLTF) will successfully engage students who may need financial support to pay for tuition, he added. students will need to produce their Ghana Card to get a loan. Research has shown that the implementation of this policy will lead to a 60% increase in student loan demand, according to Mr Adutwum, SLTF relies on GETFUND funding, telecommunications service tax and loan access to creditors to perform its function. He said, "With the growing demand for student loans, the biggest challenge for the Board will be to look at new sources of funding to meet the needs of Ghanaian students," he said. Your number one priority support, please make sure to share to help us.we love and care for you much