Government to Establish New Universities and Support Students Financially in Ghana – Majority Leader Afenyo Markin

afenyo markin reveals plans by gov't to support financing of university education in ghana

The Majority Leader and Member of Parliament for Effutu, Alexander Afenyo Markin, has revealed the government’s proactive approach to improving access to quality education through the establishment of new universities.

These educational institutions, strategically positioned in Mampong, Akrodie, Bunso, and Kintampo, are geared towards elevating teacher education standards and enriching the overall tertiary education landscape in Ghana.

Markin emphasized the government’s commitment to enhancing funding arrangements for students, with a particular emphasis on the “No Guarantor” policy of the Student Loan Trust Fund, news many students have welcomed as good.

This policy overhaul aims to dismantle financial obstacles hindering students, especially those from economically disadvantaged backgrounds, from pursuing higher education. By eliminating the need for a guarantor, the government seeks to empower such students to access educational opportunities without enduring financial burdens.

Furthermore, Markin highlighted the overarching goal of these initiatives: to democratize access to higher education and ensure that all aspiring students, regardless of their financial circumstances, have the opportunity to pursue academic excellence. Through strategic investment in new universities and progressive reforms in funding policies, the government aims to foster a more inclusive and equitable education system, thereby paving the way for socio-economic advancement and national development in Ghana.

Comments by Afenyo Markin on Financing University Education in Ghana by the Gov’t

An initiative he remarked, is aimed at breaking down financial barriers for students seeking higher education by eliminating the requirement for a guarantor.

This policy allows students from economically disadvantaged backgrounds to pursue their educational aspirations without undue financial burdens, signifying a substantial increase in the numbers of students seeking tertiary education.

Our government is working hard to expand access to higher education through the establishment of new universities and the improvement of funding arrangements for students. Specifically, new universities are being established in Mampong, Akrodie, Bunso, and Kintampo. These institutions are part of a broader strategy to enhance the quality of teacher education and overall tertiary education in Ghana.  He made these remarks during an event at Bradford University.

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