CEO of Students Loans Trust Funds, Nana Kwaku Adgei Yeboah has stated that over GHS 96.8m has been disbursed for students loan.
Speaking in an interview with Nhyira FM, the CEO said the Students Loan Trust Fund started in 2005, President Kuffours’s tenure of office. Nana K. A. Yeboah said from 2016 to 2019, the amount of disbursed loans were, GHS 15.4m, GHS 17.7m, GHS 27.2m and GHS36.5m respectively. The increase in the amount disbursed in loans is due to the 50% increment promise made by the president of Ghana, His excellency Nana Akufo-Addo.
According to Nana Kwaku Adgei Yeboah, Students had a certain stigma attached to the collection of students loan. They think, “only poor people go for students loans.” He said.
He added that he together with his team, has been able to work on that stigma contributing to the increment in loans disbursed to students in the universities. Now over 30, 000 Ghanaian undergraduates are served on students loan across the country.