The Kwame Nkrumah University of Science and Technology (KNUST) administration has reversed its decision to enforce the Student Credit and Debt Management Policy.
Students at KNUST who are at risk of losing their scholarships due to nonpayment of fees have been given more time.
The policy’s implementation on Wednesday, April 20, put over 6,000 students on the verge of missing classes.
However, calls from the institution’s stakeholders, including the Minister of Education, Dr. Yaw Osei Adutwum, have left authorities with no choice but to grant a reprieve to defaulting students.
“We are a human institution, and we have been listening to the pleas of many stakeholders,” said Dr. Daniel Norris Bekoe, University Relations Officer (URO).
Affected students have been given the option of paying 70% of their debt and re-registering for their course to sit the end-of-semester exams.
“Management is willing to look into it if a student pays up.” Those who have paid the 70% have gone ahead and registered for their courses. “We are not interested in removing students from the university, but we have bills to pay,” Dr. Bekoe stated.
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He claims that the public’s reaction is unjust to the university because its operating costs are suffocating it and the fees are required to pay some of its bills.
Meanwhile, even 24 hours after the warning was issued, more students continued to pay their fees.
“I’m pleased to inform you that as of [Thursday] morning, over 400 of the affected students had rushed to pay.”
“So, where did the money appear out of nowhere?” It’s typical Ghanaian behavior.”