After months of series of complaints and protests, the National Union of Ghana Students (NUGS) has confirmed that the Student Loan Trust Fund (SLTF) has begun disbursing the delayed loans to students.

The delays in the disbursement of the loans to subscribed students have caused agitations among the affected whose academic progress was on the verge of disruption.

Latest information gathered by Metrotvonline.com indicates that the Student Loan Trust Fund has begun releasing funds to the applicants after the pressure mounted by the National Union of Ghana Students (NUGS) and University Students Association of Ghana (USAG).

According to NUGS President, Dennis Appiah Larbi, over 5,000 students have already received their loans, with the Student Loan Trust Fund promising to disburse funds to other applicants yet to receive the loan.

Speaking on Accra-based Citi TV, Dennis Appiah Larbi noted that “at our last meeting, the CEO of the SLTF said the first disbursement was going to made on the 14th of March. True to his word, our students started receiving their payments. As I speak to you, over 5000 students have been paid as the first batch. With my latest engagement with the SLTF, they said they are working to pay the second batch. So, I can confirm that some students have received their loan payment.”

He, therefore, urged the government to prioritize the Student Loan Trust Fund and uncap the GETFund to ensure student loan repayment.

“Our belief is that the funds from GETFund to the students’ loan can be facilitated if GETFund is uncapped. So we call on the government to listen to our petition and uncap GETFund. Government must add some political commitment to the running of the SLTF. That is the only way we are able to ensure regular disbursement to our students.”

Dennis Appiah Larbi further appealed to past beneficiaries of the student loan to repay the loans in order to sustain the Fund as government funding to the agency delays.