STUDENTS LOAN TRUST FUND ( SLTF ) OUTDOOR NAMES OF DEFAULTERS

The Students Loan Trust Fund (SLTF) has taken a significant step in addressing loan defaults by publishing the names and details of 30 borrowers who have failed to repay their loans. 

This action, in accordance with the Students Loan Trust Fund Act 820, serves as a necessary measure before pursuing legal prosecution.

The publication, featured in the May 22 edition of the Daily Graphic, aims to bring attention to borrowers who have defaulted on loan amounts ranging from ¢1500 to ¢11,000.

The decision to publish the names of defaulters comes as the SLTF faces a growing demand for loans from tertiary students. 

The CEO of the Fund, Nana Kwaku Agyei Yeboah, attributes this increase to the implementation of the "no guarantor" policy and the higher number of students accessing tertiary education due to the Free SHS policy.