One of the several financial empowerment initiatives developed to provide loans to Ghanaian students enrolled in postsecondary schools is the Student Loan Trust Fund (SLTF).
You may learn how to apply for this government loan in this post if you’re a citizen of Ghana.
An important part of a child’s childhood that shapes their destiny is education. Even while high-quality education is important, not everyone can afford it.
As a result, the government and other organisations have worked together to create initiatives that allow individuals who lack the financial means to pay for their education to receive student loans.
STLF was created in December 2005 in compliance with Act 106, the Trustee Incorporation Act of 1962.
A distinguished group of people with extensive experiences make up the Board of Trustees, which is largely responsible for overseeing this initiative.
The Trust Fund’s main goal is to provide disadvantaged students with financial aid. Fundamentally, they provide loans for postsecondary education as a service to students.
The SLTF essentially provides financial services to students who want to enrol in a higher education programme in Ghana but are unable to pay the tuition.
Your expenses for this session will be covered by this loan, which has an expiration date. Prior to having to repay the loan you took out, you have two years of grace.
View the Bell Loan App Download Apk’s interest rates, conditions, and payback schedule as well.
How to make a Student Loan Trust Fund application
To apply for a loan utilising the SLTF site, simply follow the steps listed below.
Start by downloading the app from Google Play or the App Store.
Launch the application after that, and then register an account by providing the required information on the registration page.
After successfully completing this stage, you can submit an application for a student loan. To get your loan application approved, you must meet a few requirements.
You might also go to www.sltf.gov.gh, register an account there, and then follow the instructions you’ll be given.
SLTF Conditions
You must confirm that you satisfy each need before applying for the loan:
You must have been admitted by a reputable Ghanaian university and be a citizen of Ghana.
It is required to have a current Ghana Card Number. All authorised GRA offices are able to provide you with this number for free.
You must be enrolled in a postsecondary programme to pursue a bachelor’s or associate’s degree. A letter of admission or a student ID card are also necessary.
a working phone number, an email address, and an E-zwich Card.
To effortlessly download the app and get a loan, follow these steps:
Start your Android device’s Google Play Store application. Open the App Store instead if your mobile device is an iOS device.
Look for the “SLTF” app.
To conveniently apply for a loan, download the application and make an account.
Please contact
Hse # 47, Third Crescent, Asylum Down, Accra is the address.
Emails should be sent to info@sltf.gov.gh.
Phone numbers: (833) 302 231 886 and (833) 302231873
Conclusion
You can only borrow money through the Student Loan Trust Fund (SLTF) to cover your college fees.
You merely have to submit an application for a student loan on their website and wait for it to be approved.
You must adhere to specific requirements for the platform to grant loans. To access their loan conveniently, just download their app from the Google Play Store or the App Store.
With the help of this platform, you can get a full loan that is appropriate for your specific situation. In essence, it gives you the ability to evaluate loans from several African lenders, guaranteeing that you don’t pass up the best offer.