Guarantor-free tertiary loans is to create equal opportunity for access to tertiary education- Veep

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Vice President, Dr. Bawumia has said that the newest intervention in the education sector that the NPP wants to do is create equal opportunities for access to tertiary education through its guarantor-free tertiary student loans.

He said Akufo-Addo after implementing the Free SHS which is benefitting over 1.2 children at the level, graduate from these Senior High School cannot be left to struggle to access tertiary education hence the guarantor-free loans will help remove the obstacle of money and allow them to continue schooling.

Speaking at Dunkwa on-Offin, Dr. Bawumia said “We have a big vision for the education of Ghanaian children and our focus is not to leave them at SHS but to see all qualified SHS graduates progress to the university. If we have brought Free SHS because many parents can’t afford to finance the secondary education of their children, how do we expect the same parents to be able to pay for their children to attend universities? That is why we have a new policy, through which all qualified students can access loans and pay their fees.” 

He also said the new policy will replace the current student loan system.

“All that is required is a Ghana card. Once you have your Ghana Card, you can access a loan to pay for your tertiary fees and then pay back in instalments after National Service and another one year grace period after national service, by which time you would hopefully be working. This is new thinking by the visionary Akufo-Addo, which will ensure that qualified Free SHS graduates who cannot pay for their university education won’t be left behind at the secondary level. We want every qualified child to go the university. This is what we mean by equal opportunity.” he added.

Source: Ghana Waves

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