How to Access Student Loan Plus in Year 2 in Ghana – Complete 2025 Guide

Ferdinand | EducationGhana | July 05 |  How to Access Student Loan Plus in Year 2 in Ghana – Complete 2025 Guide

Learn how to access Student Loan Plus in Year 2 of tertiary education in Ghana—eligibility, application steps, required documents, repayment terms, and how it supports your academic journey beyond the No‑Fees‑Stress policy.

After benefiting from the No‑Fees‑Stress policy in your first year, the next step to maintain your academic progress is to apply for Student Loan Plus—the SLTF’s Year 2+ financial support scheme. This guide explains eligibility, application, amounts, and repayment for second-year and above students in Ghana’s public tertiary institutions.

🎓 1. What Is Student Loan Plus?

Student Loan Plus is a low-interest government loan provided by the Student Loan Trust Fund (SLTF) to students entering their second year and above at accredited tertiary institutions in Ghana. It covers:

• Tuition

• Accommodation

• Books and essential materials

• Living expenses like feeding and transport

Unlike Year 1’s grants, this is a loan that must be repaid, typically after national service with a one-year grace period.

👥 2. Who Is Eligible?

To qualify for Student Loan Plus, you must:

• Be a Ghanaian undergraduate (diploma or first degree)

• Attend an accredited public tertiary institution—universities, polytechnics, technical/universities, Colleges of Education, and nursing colleges—with programmes accredited by the NAB 

• Already have benefited from No‑Fees‑Stress in Year 1 (the credit is rolled over to Year 2)

• Demonstrate financial need through supporting documents

Weekend and evening students are eligible for Student Loan Plus. Sandwich programme students are not, unless classified under these categories .

📝 3. Required Documents & Eligibility Criteria

To apply, you’ll need:

• Valid Ghana Card

• Student ID or official admission letter

• E-Zwich account or bank account for disbursement 

• Active mobile number and personal email

• Proof of financial need (if required)

SLTF has eliminated the previous guarantor requirement, making Ghana Card and biometric verification sufficient 

💻 4. How to Apply: Step-by-Step

1. Visit the SLTF portal or mobile app

2. Register or log in with Ghana Card credentials

3. Navigate to “Apply for Loan” for Student Loan Plus

4. Complete the form and upload required documents

5. Submit your application and await review

6. If approved, funds are disbursed directly to your E-Zwich or bank account

Ensure your institution, programme, and status are correct to avoid delays 

💸 5. Loan Amounts & Disbursement

Loan amounts vary based on your programme:

• Minimum: GHS 1,500

• Maximum: GHS 3,000+ per year

SLTF typically processes applications within two weeks after verification, provided all documentation is complete. Payments are made termly or annually, depending on institutional billing cycles .

⏳ 6. Repayment Terms

• Repayment begins after national service, with a one-year grace period

• Interest rate is subsidized (~10–12%) to reduce repayment burden

• Multiple repayment channels: salary deductions, mobile money, online portal

🔍 7. Benefits & Common Challenges

✅ Benefits

• Ensures continuity in education when tuition support ends

• Funds major expenses: accommodation, resources, living costs

• Eliminates guarantor obstacles

📌 Challenges

• Delayed applications may cause slow disbursement

• Incorrect account or ID info leads to mismatches

• Need for strict repayment compliance to avoid penalties infopeeps.com

Tips: Double-check account details, apply early, and stay informed via the SLTF portal.

 Related Resources & Internal Links

• 🔗 2025 GES Academic Calendar – Plan to align loan application with academic deadlines

• 🔗 How to Set Up an SBA Record System – Use funding to track academic progress

• 🔗 How to Conduct Lesson Observations – Ensure classroom quality improvements

• 🔗 How to Write an Effective SIP in Ghana – Include loan support in school planning for student success

🌐 9. External References

• SLTF Qualification Requirements – Official eligibility details

• SLTF FAQ – Eligibility & Programmes – Covers sandwich, evening programmes and more sltf.gov.gh

• SLTF Loans Page – Application conditions, documentation list

• MyJoyOnline – SLTF Guarantor Removal – Highlights Ghana Card-only access 

OTHER IMPORTANT STORIES

• 5 Transformative Plans by Prof. Mawutor: UPSA’s Visionary Vice Chancellor Takes Charge

• Apply Now: UPSA Distance Learning Programmes 2024/25 Academic Year – Flexible Online Education

• UPSA Announces Availability of Professional Programmes for 2024/25 Academic Year: Apply Now

• UPSA Announces Postgraduate Programmes for the 2024/2025 Academic Year

• Undergraduate Programmes Offered at UPSA for the 2024/2025 Academic Year

• WAEC Receives GH₵35 Million Boost for WASSCE 2024 Results Processing Amid Challenges

How to write and address a Letter of Sponsorship as a School in the GES HERE

How to write and address any form of Letter to the Ghana Education Service  HERE

How to write and address an Application for Car Maintenance Allowance as a Teacher HERE

How to write and address an Application for Responsibility Allowance as a Teacher HERE

Check This Out: Top 10 Steps to Register and Write Exams in KATon Computing Training Workshop

Check the SHS Grading System HERE

Download the 2022 basic and SHS Academic Calendar HERE

Check This Out:JUST IN: Coalition of Concerned Teachers sacks acting President King Ali Awudu

Prospective students can also check out the Admission Deadlines for Tertiary Institutions in Ghana as well as their Entry Requirements before Applying.

They can also check the institutions’ cut off pointsandHow to Applyto the various Tertiary Institutions in Ghana as well as the institutions’ Fees Schedulesfor any particular Semester or Year.

---

SEND US YOUR STORIES FOR PUBLICATION VIA WHATSAPP NUMBER0206361048

Get the  WAEC Marking Schemes HERE

Get theNaCCA/GES Standard-Based Lesson Plans HERE

Get the Ghana Education ServiceNew Standard–Based Scheme of Learning (SOL)HERE

Get the Ghana Education Service New Standard–Based Curriculum HERE

Get the WAECBECE, WASSCE, NTC Licensure Exam, and Teachers’ Promotion Exam Past Questions HERE

Download the Teachers Guide on SBCand CCP Curriculums HERE

---

♥Copyright Notice: Content on This Website is Copyright Protected. No Part of this Content should be reproduced without the Consent of the Author(s) or Recognition of the source of the content. © 2025 Ellis Multimedia: EducationGhana.org: All Rights Reserved