Students Loan Trust Fund begins disbursements for second semester

Students Loan Trust Fund (SLTF) has begun disbursing second-semester loans to tertiary students across the country.

According to the Chief Executive Officer, Saajida Shiraz, as of Tuesday, July 1, loans have been successfully paid to 19,703 students.

Madam Shiraz noted that students in private tertiary institutions—whose academic calendar is more advanced than their counterparts in public institutions—were prioritized in the disbursement.

“The days when the Trust Fund approved loans it couldn’t disburse are over. The revamped SLTF is now working diligently each day to fulfil its mandate of providing timely financial support to students,” she said.

The disbursement comes ahead of the official launch of the ‘No-Fees-Stress’ initiative, scheduled for Friday, July 4, marking a significant shift in the government’s approach to tertiary education financing.