The Student Loan Trust Fund (SLTF) says it will begin disbursing loans for the second semester of the 2025/2026 academic year by the end of this week.
The Fund says all loans for the first semester have been fully paid and that it has received adequate government funding to support its operations.
Speaking to the media on Thursday, June 11, the Chief Executive Officer of the Fund, Dr. Saajida Shiraz, explained that some students have not yet been reimbursed under the No Academic Fee Stress Policy due to validation challenges.
“Since the start of the No Academic Fee Stress Policy, the Fund has been given about GHC1.3 bllion that is the total. In 2025, we received about GHC499 million, and we have received this year [2026] GHC537 million to implement.
“To date, we have disbursed about GHC830 million of the funds. About 310,000 students in total. We have paid all first-semester loans, and this week, we will commence the payments of second-semester loans to close to 80, 000 students,” she said.
She said students of the Ghana Law School will also benefit from the loan scheme.
Meanwhile, Head of the Repayment and Recovery Fund, Rosemary Aryee, is urging loan beneficiaries who have completed school to repay their loans to support the sustainability of the scheme.
“Some of the phones the beneficiaries carry are more expensive than the loans they take. So we do not take kindly to statements like I do not work, so you can’t repay your loan.
“The phones and data they use are all indications that they can pay their loans if they want to. We’re just appealing to the students to pay their loans, because the longer you leave it, the more interest it accumulates,” she said.