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New Notebook Initiative is not a individual mortgage – Learners Personal loan Believe in Fund


The Learners Bank loan Belief Fund has clarified that the new laptop initiative declared very last Tuesday is not a individual loan currently being supplied to its borrowers.

The Fund before announced that it was introducing an initiative immediately after consultation with the NUGS and other stakeholders which would let its debtors to use portion of their loans to acquire laptops to assist in online studying.

According to the SLTF they would source the laptops to interested college students with a portion of their loan amount of money, at the ask for of the scholar.

The notebook would be regarded as a part of the financial loan used for by the student and the exact same repayment circumstances would utilize.

Now, beneficiaries of the Fund get started repaying their university student financial loans two years right after completion of their scientific studies.

In accordance to the Head of General public Relations at the SLTF George Ferguson Laing, present borrowers and new bank loan candidates are eligible to advantage from the plan.

“Recent reports globally, have revealed that learners from disadvantaged backgrounds are most very likely not to take part in on the internet learning for the reason that of the prohibitive fees of laptops and data.

“As an institution proven to endorse access to tertiary schooling for all Ghanaians, this plan has been released to make it possible for pupils that simply cannot afford to pay for the essential tools, the prospect to thoroughly take part in length discovering programmes” he stated.

He claimed that college students have the option to request for a laptop by filling a easy form on the SLTF’s website, whiles new debtors can make the ask for at the time of implementing for the financial loan.

As component of measures to consist of the Covid-19 pandemic, the govt has briefly shut down educational institutions such as universities, leading to the adoption of length discovering programmes by tertiary institutions to restrict the disruption.

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