I invested my money in a business due to the UTAG strike – deferred KNUST student pleads for more time to pay fees

As a result of the prolonged strike action that public university teachers embarked on at the beginning of the which resulted in more than a month of students staying at home without lectures, some students who are business-oriented decided to invest their school fees into small businesses with the hope of raking in profits before the strike action is called off.

However, time and luck have eluded some of them who now form part of the 6000 students at the Kwame Nkrumah University of Science and Technology (KNUST) that have got their courses deferred by the school management over failure to meet the 70% fees payment threshold.

One of the 6000 students at the Kwame Nkrumah University of Science and Technology (KNUST) who were deferred because they did not pay their fees on time has revealed he put his money into a business.

He said he wanted to make money on the investment and then pay the fees afterwards. He claimed that if he had known the university’s management would respond as quickly as they did, he would not have invested the fees into the firm.

He pleaded with the management to grant him more time to recoup his investment because he couldn’t afford to pay the fees back to his parents.

The KNUST administration reported on Wednesday, April 20, 2022, that 6000 students had been deferred due to non-payment of fees.

Dr Norris Bekoe, Public Relations Officer at the KNUST, who spoke to the media over the decision stated that “over the years we have had challenges of students completing University and then going away with our fees partly because we had not applied the fee policy. So this time around the academic board has decided to apply the fee policy.”

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