2025 Budget: GH¢499.8 Million Allocation for No-Academic-Fee Policy for First-Year Students in Public Tertiary Institutions

By
Ellis Ferdinand
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budget 2025 Budget: GH¢499.8 Million Allocation for No-Academic-Fee Policy for First-Year Students in Public Tertiary Institutions
2025 Budget: GH¢499.8 Million Allocation for No-Academic-Fee Policy for First-Year Students in Public Tertiary Institutions

Ferdinand | EducationGhana |  March 11| 2025 Budget: GH¢3.5 Billion Allocation for the Free Secondary Education Program

 In the 2025 national budget presented by Ghana’s Finance Minister, Dr. Cassel Ato Forson, an allocation of GH¢499.8 million has been set aside to fund the No-Academic-Fee Policy for first-year students in public tertiary institutions.

This policy is aimed at providing financial relief to students enrolling in universities, polytechnics, and other public higher education institutions across the country.

 

Background and Rationale for the Policy

 

The No-Academic-Fee Policy is designed to eliminate academic fees for students entering public tertiary institutions, ensuring that financial barriers do not impede access to higher education. By fully funding these fees for new students, the government aims to ease the financial burden on students and their families, particularly for those who may not have the financial resources to pay for their education.


This policy aligns with the government’s commitment to improving access to education at all levels and promoting social mobility through education. The allocation of GH¢499.8 million to this policy represents a significant investment in the higher education sector, signaling the government’s prioritization of education as a key driver of national development.

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Impact on Students and Families

The implementation of this policy is expected to benefit thousands of students enrolling in public tertiary institutions in Ghana, eliminating one of the key financial barriers that many students face when pursuing higher education. According to experts, this allocation will help reduce dropout rates in tertiary institutions and promote greater equity in access to education.

By covering academic fees for first-year students, the policy will ensure that students from disadvantaged backgrounds have the same opportunities to pursue higher education as those from more affluent families. This will create a more inclusive education system, fostering greater social and economic equality in the long term.

 

Government’s Commitment to Education

The GH¢499.8 million allocation for the No-Academic-Fee Policy is just one of several education-related initiatives in the 2025 budget, which reflect the government’s commitment to investing in education as a key pillar of Ghana’s development. This move is seen as a step toward expanding opportunities for young people and preparing them for the workforce by providing them with the skills and knowledge necessary to contribute to the country’s growth.

Conclusion

The No-Academic-Fee Policy is expected to have a significant impact on first-year students in Ghana’s public tertiary institutions. By making higher education more accessible, the policy helps build a more inclusive and equitable education system. With the government’s continued commitment to education through significant budget allocations like GH¢499.8 million, Ghana is well-positioned to develop its human capital and continue advancing in the global economy.

 

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