The VP, Dr. Mahamudu Bawumia has sent off the No Underwriter Understudy Loan Strategy at the Kwame Nkrumah College of Science and Technolgy (KNUST) in Kumasi, on Wednesday June 8, 2022.
The No Underwriter Understudy Loan Strategy, a commitment by the Akufo-Addo government before the 2020 decisions, is to make tertiary instruction open to Ghanaian youth, particularly moves on from the exceptionally bought in Free Senior Secondary School strategy.
With the No Underwriter Understudy Loan Strategy, the unwieldy and prohibitive approach of understudies giving three SSNIT benefactors as underwriters before they could get to educational loan for tertiary training, has been nullified. The No Underwriter Understudy Loan Strategy Dr. Bawumia made sense of, makes it feasible for qualified youthful Ghanaians to get to advances to finance their tertiary schooling, utilizing their Ghanacard.
Evacuation OF Hindrances TO TERTIARY Instruction
Talking at the send off, VP Bawumia said, the approaching into realization of the favorable to unfortunate arrangement, will eliminate hindrances and fundamentally increment comprehensive admittance to tertiary training.
The evacuation of the underwriter prerequisite is a basic initial step to guaranteeing cost isn't an obstruction to access and cooperation in tertiary training," Dr. Bawumia said.
For sure, these are energizing times to be young in Ghana. One can go through training from fundamental to tertiary with ensured help from Government.
The VP noticed that worldwide, credits have empowered monetarily provoked people to go through Colleges and pay after graduation and the public authority of President Akufo-Addo perceived this need, and the difficulties related with understudies getting underwriters to get advances, subsequently the presentation of the No Gurantor Strategy to facilitate the weight of guardians of qualified Free SHS graduates.
Communicating his joy over the send off of the strategy and how it will help poor people, Dr. Bawumia gave a surprising measurements of the number of understudies that can't get to underwriter required understudies credits, subsequently, conceivably being denied admittance to tertiary instruction.
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