VP Dr Mahamudu Bawumia has sent off ‘No Guarantor’ strategy for the Students Loan conspire.
The launchimg was held at the Kwame Nkrumah University of Science and Technology (KNUST).
This structures a piece of the statement guarantee by the NPP in front of the 2020 surveys about the Students Loan Trust Fund (SLTF).
The no underwriter strategy eliminates the prerequisite for educational loan candidates to deliver an underwriter prior to getting to the credit.
Beforehand, one of the significant impediments for understudies who expected to get to credits was the most ideal requirement for them to create an underwriter.
However, after this send off as swore in the 2020 NPP declaration, understudies just need a Ghana Card to get to the credit.
Studies show that the execution of this strategy would prompt a 60% expansion popular for educational loans.