KTU allocates GH¢200,000 bursary for needy students

 The Koforid­ua Technical University (KTU) through individu­als and corpo­rate bodies allocates GH¢200,000 annually to its Financial Aid Board (FAB) to pro­vide financial assistance to brilliant but needy stu­dents and other qualified students, the Vice Chancel­lor (VC) of KTU, Professor David Kofi Essumang has said.

He said the University made such allocation to the Aid in the form of partial and full scholar­ships for 200 students each year, to reduce or eliminate financial barriers that might limit stu­dents’ access to education in the university.

Prof. Essumang (inset) addressing the matriculants

“Through the FAB instituted in 2008 at the Counselling Unit, financial assistance is provided to brilliant but needy students and other qualifies needy students, who, with­out such assistance, may not be able to meet their educational expenses,” he said.

Professor Essumang disclosed this during a matriculation ceremony over the weekend to welcome its fresh students for the 2022/2023 academic students.

Out of 5,295 applicants, the University was able to offer admission to 5,143 students to pursue courses in degree and Higher National Diploma (HND) in Science, Technology, Engineer­ing and Mathematics (STEM) as well as business programmes.

Out of the 5,143 students admitted, 3,729 had registered and were matriculated at the premises of the University, where they took their matriculation oath to enable them to be admitted into the University.

The VC further explained that the aid was to complement the financial assistance given to stu­dents at the Students Loan Trust Fund (SLTF), adding that the Uni­versity had also made provision for students to pay 60 per cent of their fees by the beginning of the first semester, and the remaining balance prior to the beginning of the second semester.

“All these are geared towards making help for financial pay­ments readily available and accessible so that no students would drop out from school,” he said and stated that the human resource for the country’s devel­opment was necessary, hence the need to help the students to go through their academics without obstacles.

He thanked the donors for their continuous support to the fund and encouraged other corporate bodies and individuals to assist the University to fund the education of students who would otherwise have to interrupt or terminate their studies, and called on stu­dents facing financing challenges to apply for consideration for the various support schemes when advertised.

He noted that the University was poised to provide access to university education to as many qualified applicants, but was unable to do so due to inadequate academic and residential facilities for staff and students.

He added that the University was making giant strides in infra­structural development to enable it admit more students.

The VC indicated that glo­balisation was about building partnership in this knowledge age and generation, hence the uni­versity had continued to establish partnership with both foreign and local institutions and other bodies to provide platform for students and staff to share ideas as well as practical training grounds for students for mutual benefits for industry and university.

“Some of our collaborators include Hamm-Lippstadt Uni­versity of Applied Sciences, GRIDCo, and GHACEM among many others and the University continues to focus on her pursuit of excellence in teaching, research and service to society,” he stated.


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