The Chief Executive Officer for Student Loan Trust Fund (SLTF), Nana Kwaku Agyei Yeboah, has welcomed manifesto promises by the ruling New Patriotic Party (NPP) and the largest opposition National Democratic Congress (NDC) to abolish guarantorship for student loans.

He has described the move by the parties as brave and laudable which would go a long way of allowing many tertiary students to access the loan.

In an interview on Yensempa on Onua FM on Monday, September 14, Mr Agyei Yeboah revealed that the guarantorship over the years has been a hindrance to applicants and he would on any day opt for its abolishment.

 

He noted that out of 326, 571 students who were admitted into tertiary institutions in 2017-2018 academic year only 31,980 applied and successfully acquired the student loan, representing 9.8%.

 

Source: 3newsghana

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