Accra, July 6, 2020
DISBURSEMENT OF STUDENT LOANS
The Students Loan Trust Fund (SLTF) wishes to announce to its beneficiaries and the general public that, a further amount of GHC 9.1 million will be released to 6,185 students this week. This brings the total amount released for the 2019/2020 academic year to 42.9 million Ghana cedis.
The schedule for future payments will be announced in due course.
The Fund continues to receive fresh applications from students for the academic year and these applications will be processed as and when they are received.
For more information or interview opportunities, please contact:
George Ferguson Laing
Head of Public Relations
Students Loan Trust Fund
Note to Editors:
About Students Loan Trust Fund
The students Loan Trust Fund (SLTF) was established in December 2005 under the Trustee Incorporation Act 1962, Act 106. As part of reforms to make accredited tertiary education more accessible to the majority of qualified Ghanaian students, the Government of Ghana passed the Student Loan Trust Fund Act, Act 820 (2011) for the efficient and effective disbursement of financial resources to tertiary students. The Trust Fund has the responsibility to recover loans from students after the completion of their tertiary education.
The principal objectives of the Trust Fund are to provide financial resources for the sound management of the Trust for the benefit of students and to help promote and facilitate the national ideals enshrined in Article 25 and 38 of the 1992 Constitution.
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