CEO of the Students Loan Trust Fund (STLF) Nana Agyei Yeboah has said the Ghana Card will make it simpler to follow borrowers of the Fund if the arrangement of the New Patriotic Party (NPP) and the National Democratic Congress (NDC) to scrap the underwriter framework in the securing of the advances by the understudies happens as intended.
The two players have vowed to suppress the underwriter framework in obtaining of advances by understudies from the STLF.
VP Dr Mahamudu Bawumia said during the dispatch of NPP's statement archive in Cape Coast in front of the 2020 surveys that the move is to guarantee that all tertiary understudies can finish their instruction effectively.
Tending to the issue of how understudies will be followed to take care of the credits as there will be no longer underwriters to hold subject in case of inability to reimburse, Mr Agyei Yeboah said on TV3's New Day that the accessible Ghana Card will empower defaulters to be followed.
He clarified that the Ghana Card will contain all the contact data required by STLF, consequently it won't be hard to follow them.
"The Ghana Card will have every one of your records. At the point when you even go to Driver and Vehicle License Authority, we can see that you have taken an advance. It makes it easy to follow since it will likewise have GPS what not.
"We realize that the numbers have multiplied yet we are prepared to help them. Since the President expanded the advance ability to half, it has made the Fund additionally engaging."
When gotten some information about the wellspring of assets to cook for this, Mr Agyei stated: "We don't have the foggiest idea yet where the cash will originate from for us to set out on supporting understudies yet it's conceivable. The Free Education, for instance, is an approach that has happened as a result of the strength and daringness of any expectation of the President, so I realize he will see this one excessively through."
The Fund is an administration activity to help understudies with advances to provide food for their instructive needs.
The credits secure should be repaid after understudies were finished with school.
Understudies access credits with the assistance of underwriters
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