STUDENT LOAN TRUST FUND HAS FAILED TERTIARY STUDENTS IN GHANA

AGGRIEVED STUDENT LOAN BENEFICIARIES.

Press Release.                                                                                                Date: 27th January, 2020. Our Ref:
Your Ref:
STUDENT LOAN TRUST FUND HAS FAILED TERTIARY STUDENTS IN GHANA.

The etymology of Student Loan Trust Fund (SLTF) was that, it was established in December, 2005 under
the trustee incorporation Act 1962 and Act 820 with the main focus and objective of providing financial
support and resources for the sound management of the trust for the benefit of Students and to help
promote and facilitate the national ideals enshrined in the article 28 and 38 of the 1992 constitution. Pursuant to Article 28 clause 4 and Article 38 clause 1, we think the establishment of this trust fund is
not out of order and indeed it’s a good cause in the right direction. The recent delay in disbursement of funds from the outfit of SLTF is gradually deepening alot of wounds, breaking legs and hearts of vulnerable tertiary students across the country. We don’t think, this fund
was created to stage this agenda. The broad picture in which this Trust Fund is creating, looks
uninspiring and scary but we can not tolerate it any more as Students. A lot of Students, across the length and breadth of this country who are beneficiaries of this Fund are
very very disappointed to the extent that, a lot feel hopeless.
It is undisputable fact that, some students have deferred thier course, and some too were prevented to
take part in the end of semester exams. We the aggrieved beneficiaries of this fund can’t afford ending
our tertiary education at level 200 and 300. The kind of challenges in which we are going through is
gradually putting us off from the educational ladder. We can’t wait any more, the time has come,.the hour is now, and this is the exact minute for us to fight
for our constitutional right. We are sick and tired of the flimsy excuses from the management of this
Trust Fund. We promise them, we will hit the street and exhibit our displeasure to the authorities if the
necessary actions are not taken. As association, we are giving the management of Student Loan Trust
Fund (SLTF), one week ultimatum to do the needful (disburse the money). We will take this opportunity to appeal to the Minister of State in charge of Tertiary Education, Professor Kwesi Yankah, and the Minister of Education to step in immediately and solve this issue once
and for all. We will also urge the Ministry of Finance to do the needful in the coming days because some
tertiary students in Ghana are going through hell. Thank You. Signed. Adjei Boakye.
Convener
(0552905813)
Adjei Shadrack
Head of Communication. (0543281743)
Simon Awotumyeigi. Head of Operations. (0241666586)
Hamza Umar. NUGS President UDS – Wa campus. (0243851815)

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