Students Loan Trust Fund Embarks On Repayment Drive, Operation Repay Your Loan

The Fund has declared July 2020 Repayment Awareness Month and is undertaking various activities nationwide.

It will be sensitising borrowers, employers and the general public about the various platforms that may be used to repay loans.

Since its establishment in 2005, the Fund has disbursed loans to over 120,000 students.

The SLTF will be using the mass media as well as other stakeholder engagements to carry out the sensitization.

“Over the years, the SLTF has increased the available platforms for borrowers to repay their loans, including through four partner banks as well as the introduction of visa and Mastercard payments and mobile money” said George Ferguson Laing, Head of Public Relations at the Student Loan Trust Fund.

He added that the multiple repayment platforms have been introduced to make the repayment process as flexible and convenient as possible for the borrower.

He encouraged borrowers who are facing difficulties to approach the Fund to renegotiate payment.

“We are due to start prosecutions soon, so those with genuine challenges have a very small window to approach us for renegotiation,” he said.

He thanked borrowers who are repaying their loans for doing the right thing and creating the opportunity for a new generation of students to also benefit.

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Ellis Ferdinand is a Journalist, Blogger and Founder of Ellis Multimedia, a parent company of, an Online Education News Blog, and Ellis Ferdinand is a Graduate of Accra College of Education and the University of Cape Coast, where he obtained a Diploma In Basic Education and a Bachelor of Education in Accounting. He is currently Reading his Master of Philosophy in Curriculum and Pedagogic Studies at the University of Education, Winneba in Ghana. Ellis Ferdinand won Blogger of the Year at the 2018 National Students’ Awards and was also adjudged 14th Best Ghanain Blogger in 2018 among the Top 50 Ghanaian Bloggers of 2018. He introduced the Concept of Education Blogging in Ghana in 2014 with his famous blog now His Blog won Best Media Promoting Education in 2017, 2018 and 2019 respectively, an Award organized by Neogenics Education Consult. In 2019, He adjudged the Most Promising West African Blogger of the Year in Nigeria. He won Writer of the Year at the 2021 EDUCOM AWARDS

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