Bawumia launches ‘no guarantor’ student loan policy

Vice President, Dr. Mahamadu Bawumia, on Wednesday, launched the “No Guarantor” Student Loan policy at the Kwame Nkrumah University of Science and Technolgy (KNUST) in Kumasi.

The policy was a promise made by the President Nana Akufo-Addo led-Government prior to the 2020 elections,.

It seeks to make tertiary education accessible to Ghanaian youth, especially graduates from the highly subscribed Free Senior High School programme.

With the No Guarantor Student Loan, the cumbersome and restrictive scheme of students providing SSNIT contributors as guarantors before they could access student loan for tertiary education, has been abolished.

The No Guarantor Student Loan policy makes it possible for qualified young Ghanaians to access loans to fund their tertiary education, using their Ghana card.

Below are some photos from the ceremony: