According to Vice President, Dr Mahamudu Bawumia, tertiary students in the next administration of the ruling New Patriotic Party (NPP) government will no longer need a guarantor to access students’ loans.
Dr Bawumia noted that apart from nursing and teacher training colleges all tertiary students in the country will gain from the initiative.
The right-hand man of President Akufo-Addo made this promise reading the NPP party’s 2020 manifesto on Saturday August 22, 2020 in Cape Coast.
The Vice-President furthered that unlike the previous payment, students will in the next Akufo-Addo term of office be given a gap year after national service before they are made to pay back the debts.
According to Bawumia, the move is to increase enrollment at the tertiary level since the majority of Ghanaians are unable to afford an education at that level.
Speaking at the manifesto launch, the Economist noted that his government is aware of the Free Senior High School (Free SHS) will produce a lot of SHS students graduates who will want to further their education in the tertiary level, hence the Akufo-Addo’s government decision to make students acquire loans with no guarantor need.