No more guarantor system for student loans – Bawumia declares - News Summed Up

No more guarantor system for student loans – Bawumia declares


General News of Saturday, 22 August 2020Source: Daily MailNo more guarantor system for student loans – Bawumia declaresplay videoVice President, Dr Mahamudu BawumiaVice president Dr. Mahamudu Bawumia has revealed tertiary students will no longer need a guarantor to access students’ loans in the next New Patriotic Party (NPP) administration. Giving highlights of the party’s 2020 manifesto, which was launched on Saturday, August 22, 2020 in Cape Coast, he said apart from nursing and teacher training colleges all tertiary students will gain from the initiative. He noted that beneficiaries will be given a gap year after national service before they are required to pay back the loans. According to Dr. Bawumia, the idea is to increase enrollment at the tertiary level since majority are unable to afford at that level. “There is no alternative to the NPP government that has discharged its work so well…Akufo-Addo and Bawumia over the last three years have done wonders,” the former president said.


Source: GhanaWeb August 22, 2020 14:48 UTC



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