Government through the Students Loan Trust Fund (SLTF) has fully paid the outstanding teacher trainee allowances for the 2023/2024 academic year to a total of 65,685 students across 46 Public Colleges of Education in Ghana.
According to a statement issued April 10, signed by Dr Saajida Shiraz, CEO of the Students Loan Trust Fund, the arrears, which cover a three-month period, have now been fully settled.
“The payment is in consonance with the fund’s mandate to facilitate access to financing support for tertiary education students in Ghana. It also aligns with the government’s reset agenda – which includes deliberate and intentional efforts to strengthen support systems within the education sector and ensure uninterrupted academic progression for our future leaders” . the Statement said.
She assured that the SLTF remains steadfast in its commitment to ensuring timely, transparent, and efficient financial support services delivery for the benefit of students.
The CEO added that,” Robust measures are being implemented to guarantee the consistency, reliability, and seamless execution of all future disbursements in full alignment with established policy directives”
The Students Loan Trust Fund (SLTF) was established in December 2005 under the Trustee Incorporation Act 1962, Act 106 with the bjectives of to provide financial resources for the sound management of the Trust for the benefit of students and to help promote and facilitate the national ideals enshrined in Article 25 and 38 of the 1992 Constitution.
Source: Ghana/Starrfm.com.gh/Obed Kojo Ansah
