SLTF sensitises Obuasi residentson ‘No Guarantor Loan Scheme’

A section of the residents

Nana Kwaku Agyei Yeboah, the Chief Executive Officer of the Students Loan Trust Fund (SLTF) and the management of the fund have embarked on a sensitisation exercise for traders, drivers and market women at the Obuasi Central Market, officials of the Obuasi Municipal Assembly and personnel from the Security Services.

The exercise is intended to educate the residents of Obuasi in general on the accessibility and how to acquire the fund to support their wards education.

The Chief Executive officer of the Fund, in an interaction with the media after the sensitisation sessions in Obuasi said the ‘No Guarantor ‘ Loan Scheme is Government’s commitment to enhance access to education in the country.

He appealed to Ghanaians to take full advantage of the ease with which one can access the loan and to acquire it to cushion their children’s education.

Mr. Elijah Adansi-Bonah, the Municipal Chief Executive for Obuasi Municipality lauded the Government for introducing the Policy and added that in spite the economic challenges facing the country, the government has not relented in performing its responsibilities in the quest to improve the living standards of Ghanaians.

The MCE entreated the residents of Obuasi to rally behind Government to deliver on its promises to make life better for every citizen, irrespective of one’s political sentiment or geographical location in the country.

The managers of the fund had earlier met with Artisans and Staff of the Obuasi Municipal Assembly to also brief them on the details of the SLTF.

Madam Yaa Achiaa, a tomatoes seller at the Obuasi Central Market commended the government for such a wonderful initiative, which she said would address challenges parents and guardians face in accessing the Student Loan because of difficulties in finding guarantors.

Previously, students had to provide three SSNIT contributors as guarantors before they can access student loan for tertiary education.

According to her, the Government has since the assumption of office in 2017 made education accessible with the introduction of the Free Senior High School policy to complement the current ‘No Guarantor ‘loan system.

She noted that Government has relieved most parents of the burden they had to go through in funding education for their wards in the country, adding that there was no need to go through the stress of looking for money to pay their wards’ school fees, with the introduction of the policy.

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