Student loan beneficiaries frustrated as the disbursement of funds delays
The Students Loan Trust Fund (SLTF) is facing some backlash from the National Union of Ghana Students (NUGS) on what is preventing them [SLTF] from fulfilling their financial obligation to students.
NUGS lamented how beneficiaries of the funds while dealing with academic work are also frustrated due to the delays in the disbursement of funds.
Concerns are growing and beneficiaries are getting frustrated about how the Student Loan Trust Fund has failed to disburse loans to students, and those in teaching and nursing training colleges have also not received their allowances for some months now.
The immediate past General Secretary of the union, Julius Kwame Anthony, called the government to fulfil its duties.
“You have several students applying all the time, and they don’t get it, and the sad thing about it is that the team does not come out clean to us on why they are unable to pay the loans.”
“They direct the students to pick the forms. They pick forms, apply and all that with the hope that they will get loans and the loans never come and those students will have to defer their courses, which is very unfair,” he added.
He also admitted that some of the struggles were beyond the Student’s Loan Trust Fund.
“We must also look at the fact that there is a certain entity which owes them an obligation. Those monies don’t come because of the government’s policy of capping and realignment. They have realigned the monies to other areas of the economy, which is not fair to us students.”
