Students Loan Trust Fund chases loan defaulters.
Last week, the Students Loan Trust Fund(SLTF) published the first batch of names and photographs of some of its “notorious” loan defaulters in the state-owned “Daily Graphic” newspaper.
The move follows an earlier publication warning defaulters to repay their loans or contact the Fund to agree on payment terms.
According to available data from the SLTF, some 55,000 borrowers are currently expected to be repaying their loans, 35,000 of whom are doing so, with 20,000 not paying at all a situation that has plunged the fund into some financial difficulties.
In spite of the several pleas for defaulters to repay their loans, many people have refused to do so making it difficult for other students to access the facility which is popularly called “pay the boys” by tertiary students.
“The following beneficiaries of the Students Loan are due for repayment. The borrowers are in default of their monthly installments or have not started repayment of their loans.
“We are therefore asking the under-listed borrowers to repay the loan in order for others to access the fund.”
Ghanaxtra.com can confirm authoritatively that ardent supporter of the ruling New Patriotic Party(NPP), Awal Mohammed is among the list of defaulters who are being pursued by the SLTF.
Awal Mohammed who is the Corporate and Communications affairs Director of the Youth Employment Agency(YEA) is among the tall list of 55,000 debtors who have refused to repay their loans.
A Bachelor of Arts Social Sciences Education degree holder with index number 5100180166, Awal Mohammed graduated from the University of Education, Winneba in 2014.
Strangely, despite landing a juicy job with some fringe benefits attached in 2017, Awal has refused to repay the loan after the two years grace period which elapsed in 2016.