The government this year will award scholarships to 31,000 Free SHS students and make payments to 27,252 public tertiary university students for bursaries, thesis, grants to postgraduate students, President Akufo-Addo has said.
In a post sighted by EducationWeb.com.gh, His Excellency Akufo-Addo said the Scholarships Secretariat will also make payments of long-stay allowances to medical students and allowances to the physically challenged.
“This year, decentralized district level local tertiary scholarship scheme is set to award scholarships to 31,000 students across the country,” Nana Addo Dankwa Akufo-Addo stated in a social media post on Thursday.
He added “the Secretariat will also make payments to 27,252 public tertiary university students for bursaries, thesis grants to postgraduate students, long-stay allowances to medical students and allowances to the physically challenged
In a related development, the central government after postponing the launch of the ‘No guarantor student loan policy’ earlier slated for Monday, December 20, 2022, is yet to communicate a new date for the launch.
The National Union of Ghana Students in a release said “we are very sorry to inform you that the official launch for the ‘No guarantor student loan policy’ has been postponed until further notice due to circumstances beyond our control.
Dr Yaw Osei Adutwum, the Minister for Education has said the implementation of the ‘No guarantor student loan policy’ would lead to a 60% increase in demand for student loans for tertiary education in the country.
Deputy spokesman for the Education Ministry. Yaw Opoku Mensah on his part said the Ghana education system is about to witness yet another pragmatic reform that intends to acknowledge the constitutional rights of every child.
“The policy to be launched at a date yet to be communicated will afford the Free SHS graduates, especially, those from poor social-economic backgrounds access to higher education, the Education Ministry spokesperson stated.
He added, “it would also expand access to tertiary education by increasing Ghana’s Tertiary Gross Enrollment Ratio (GER) from the current 18.8% to 40% by 2030 as stated by the President in his State of Nation Address.”
Explaining the process to acquire a student loan, he said “all that is required is to be a Ghanaian with Ghana Card, E-zwich Card and also an admission letter from an accredited tertiary institution with an accredited Programme.”
Eligible and qualified applicants Yaw Mensah said are to submit their application online to the government agency under the auspices of the Ministry of Education (MoE) responsible for giving the loans online at https://sltf.gov.gh.