Students Loan Trust Fund
                                Providing equal financing to tertiary education
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Guarantors and Guarantorship

Q. Do I need a guarantor and who can guarantee for me?


YES. You need a guarantor, who will back up the loan and assist the Trust Fund to trace you when repayment is due.

Guarantor will be required to pay back any outstanding loan due as a last resort, only when you cannot be traced to pay back.

The loan may be guaranteed by one of the following types of guarantors (SSNIT Contributor, Recognized Religious Body, Metropolitan, Municipal and District Assembly or a Corporate Body).

SSNIT contributor

a. Must be a Ghanaian

b. Must be an active contributor to the SSNIT pension scheme

c. Must have contributed to the scheme for at least 36 months or 3 years

d. Must not be more than 53 years old.

e. Must not have guaranteed for more than two (2) people already.

(Parents can however, guarantee for all their children)

Religious Bodies

a. Must be a member of a nationally recognized religious body.

b. Must have been in existence for a minimum of 10 years evidenced by registration certificate from the Registrar General’s Department

c. There must be evidence of the institution’s decision to guarantee student loans (Resolution)

Metropolitan, Municipal and District Assemblies

a. There must be evidence of a Resolution by the Assembly to guarantee students loans.

b. The resolution should indicate 2 authorized signatories.

Corporate Bodies

a. The company must be a member of the Ghana club 100 and/ or a company listed on the Ghana Stock Exchange and must be current.

b. There must be a board resolution authorizing the guarantee.

c. Two (2) signatories are required and should at least be at Senior Management position.

Q. Do I still need a guarantor if I contribute to SSNIT Pension Scheme?


Yes. A student worker who is a SSNIT contributor still needs a guarantor. Guaranteeing is a third party relationship and so you cannot guarantee for yourself.

Q. Can two applicants who are SSNIT contributors guarantee for each other?


No you cannot. Cross guaranteeing is not also allowed.

Students Loan

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Students Loan Application

Applications for student loans can be made via paper or online.

Paper Application
Click on the "Paper" button to continue with the paper application process.

Online Application
Click on the "Online" button to start filling the application forms through the online portal.

Paper Online
Paper Applications


Step 1 Download and print the Loan Application form by clicking on the download button.
Step 2 Complete the Loan Application Form, Guarantor Deed and Students Loan Agreement forms.
Step 3 Attach 2 recent passport size photographs (Do not staple or glue passport pictures.
Step 4 Submit 2 complete sets of the application forms together with all relevant documents attached, to your campus or zonal office.

Guarantor Type
Please select the guarantor type to use for your application

SSNIT Formal or SSNIT Informal
Other Forms (Islamic Denomination, Corporate, Metropolitan and Municipal District Assembly Download

Students Loan Application

2014/2015 Applications have been closed.

Students will be informed when the 2015/2016 applications are opened.