In a significant move aimed at alleviating financial pressures on the nation’s future educators, the Student Loan Trust Fund (SLTF) has announced the disbursement of a one-month allowance to teacher trainees across all 47 Colleges of Education in Ghana. The funds have been officially credited to the beneficiaries' designated e-zwich cards, with the SLTF confirming that trainees will see the payment of Gh¢196.00 reflect in their accounts starting from the next day onwards.
This disbursement marks a critical step in the government's ongoing commitment to supporting teacher education. The allowance is a vital component of the policy to provide financial sustenance to trainees, covering essential needs such as accommodation, learning materials, and other personal expenses, thereby allowing them to focus more intently on their academic and professional development.
The latest payment brings the total number of allowances settled for the current academic year to approximately six months. According to the SatelNews Gh records, teacher trainees had previously received a total of about five months' worth of allowances. With this new disbursement, the outstanding arrears now stand at two(2) months. This clarity provides trainees with a clearer picture of the payment schedule and the expected timeline for the settlement of the remaining balances.
The government as well as the management of the Student Loan Trust Fund has reiterated its dedication to prioritizing the welfare of students. . The use of the e-zwich platform for disbursement is a continued effort to promote efficiency, transparency, and the secure delivery of funds directly to the intended beneficiaries.
The news of the disbursement has been met with a sense of relief and anticipation on various college campuses. For many teacher trainees who have been patiently awaiting the arrival of their stipends, this payment is a welcome development that will ease the considerable financial strain associated with tertiary education. The allowance is not merely a stipend but a crucial lifeline that enables them to continue their studies without undue hardship.
The SLTF has assured all stakeholders, including college administrations and student leadership, that it is working diligently to process the remaining two months of arrears once payments are made by the government.
Get your e-zwich card ready!!!
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