SLTF increases student loan amounts by 50%; interest rate reduced to 6% simple interest

SLTF increases student loan amounts by 50%; interest rate reduced to 6% simple interest

[3news - Ghana] - 7/11/2025
The government, through the Students Loan Trust Fund (SLTF), has announced a massive revamp of the student loan scheme, doubling the maximum amount to GH₵4,500 and replacing the 12% compound interest with a 6% simple interest rate.
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