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General News of Friday, 18 October 2002

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SSNIT pays students' loans

The Social Security and National Insurance Trust (SSNIT), on Friday issued cheques to cover additional payments of 250,000 cedis to the 750,000 cedis originally paid to 3,316 students.

This brings the total amount paid per student at the University of Ghana, Legon to 1,000,000 cedis for the first semester, a statement in Accra said the banks were expected to credit the accounts of the affected students very soon but expressed regret that students who are reported to have closed their accounts will have their monies returned to the SSNIT. The statement added that 10,000 applications were expected from the University of Ghana, Legon, but only 6,000 have been received from the District Office of SSNIT at Legon though the deadline expired on October 8.