The Students Loan Trust Fund (SLTF) wishes to acknowledge that
there has been a delay in the disbursement of loans for the
2018/2019 academic year. We apologize to beneficiaries of the
loan for the inconvenience caused by the delay.
We would like to place the following on record:
1. We recognize that tens of thousands of students rely on the
loans for various uses, including the payment of fees,
accommodation, and the purchase of books as well as general
living expenses. We are working assiduously to restore the
situation to normalcy.
2. At the beginning of the 2017/2018 academic year, the loan
amount was increased by 50% which resulted in a surge in
applications, putting a strain on the Fund.
3. We have engaged with the relevant stakeholders including the
Ministry of Education, the Ministry of Finance and the GETFUND to
make financing available to pay students by the end of November.
4. We have been communicating with student leadership and take
this opportunity to appeal to the wider student body to bear with us
while we resolve the issue.
5. The SLTF takes its mandate of providing timely financial
assistance to students who need it seriously and would like to
assure the general public that this situation is a temporary one
which is being addressed with the long term view in mind.
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