Students Loan Trust Fund to rescue deferred KNUST students

The University Relations Officer (URO)of the Kwame Nkrumah University of Science and Technology (KNUST), Dr. Norris Bekoe has revealed that the university authorities have received a call from the Students Loan Trust Fund (SLTF) indicating their readiness to offer the disgruntled students facilities to pay their fees.

In an interview with 3FM in Accra, he disclosed that the SLTF is willing to offer between ¢1500 and ¢3000 which suffices for their fees because the average fees for students in KNUST is GHS 2000 for an academic year except for the ‘fee paying’ students.

The SLTF was established in December 2005 under the Trustee Incorporation Act 1962, Act 106.

The objectives of the Trust Fund are to provide financial resources for the sound management of the Trust for the benefit of students and to help promote and facilitate the national ideals enshrined in Article 25 and 38 of the 1992 Constitution.

Dr Bekoe also stated that the university has not extended any grace period for students who have not paid their fees. “We have not extended the grace period but we have given special dispensation to those who are willing to pay. It means that once you pay, we will take measures to reinstall you but if you don’t pay, it means you are not willing to continue the school”

He indicated the registration portal as of now is closed and would be opened for students when they pay.

The URO cautioned that it would be a wasted effort for students who have not been registered on the university’s portal to write the end of semester exams.

The management of the KNUST on Wednesday April 20 announced that 6000 students have been deferred for non-payment of their fees.