TEIN gives gov't a week to release funds for students loan

The University of Ghana branch of the Tertiary Education Institutions Network (TEIN) has issued a week ultimatum to government to ensure persons under the Students Loan Trust Fund are paid their allowance for the 2018/2019 academic. In a statement signed by its president, Ayikwei Andrew Richardson, TEIN lamented over delays in disbursement. According to TEIN, their checks with the managers of the Trust have revealed government has not yet released funds for disbursement, hence, the delay. The student group said the delay is having a serious toll on the academic work of students under the Trust, hence will not tolerate further delays. Per the law, the Trust is required to disburse funds two weeks after the beginning of each semester, but TEIN says it has been months now and students are yet to receive their monies. They are therefore calling on government to make funds available to be disbursed to the students in order to ease the financial burden off them or face some actions from the student group. “We therefore serve a one week ultimatum to government and the loan fund to address and settle all loan payments due each student. “We further wish to indicate and reiterate that any measure by the government and fund managers in response to our call which does not adequately address the issues raised shall be rejected and met with a great deal of spirited actions in the coming days,” the statement read. By 3news.com|Ghana]]>

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