Loan Repayment
Interest Rate
In other to maintain the value of the money and preserve the Fund for posterity, interest is charged on the loan at a highly subsided rate. Inflation is an important factor in determining the interest rate.
The following schedule of interest rate shall be charged on the loan:
|
MORATORIUM | REPAYMENT PERIOD | ||
| STUDYPERIOD | NATIONAL SERVICE PERIOD | 1-YEAR GRACE PERIOD | REPAYMENTPERIOD |
| *GOG182 dayT-bill rate | *GOG182 dayT-bill rate | *GOG182 day T-bill rate | *GOG182 dayT-bill rate + 2% |
* GOG – Government of Ghana.
# Maximum rate applied will be 12% until reviewed. In effect where the T-bill rate goes beyond 12% the SLTF shall fix the rate at 12%.
Loan Repayment Period
| *Number of Loans taken | National Service Period (Yrs) | Grace Period (Yrs) | Repayment Period (Yrs) |
|
1 |
1 |
2 |
2 |
|
2 |
1 |
1 |
4 |
|
3 |
1 |
1 |
6 |
|
4 |
1 |
1 |
8 |
|
5 |
1 |
1 |
10 |
|
6 |
1 |
N/A |
10 |
|
7 |
1 |
N/A |
10 |
* The total loan received in an academic year is considered as one loan taken
It is in the interest of applicants to pay off their loan sooner than the repayment period given, in order to reduce the interest charges.
Students loan repayment made easy. Please contact our partner banks with your Social Security number to make payments:
- GHANA COMMERCIAL BANK: SMART PAY
- NATIONAL INVESTMENT BANK: SPECIAL SLTF PAY IN SLIP
- ECOBANK GHANA: BANK – COLLECT
- GT COLLECT: CUSTOMIZED PAY IN SLIP
Borrowers can walk into the head office of the SLTF to make payment at no. 47, 3rd Crescent Avenue Asylum Down, near Highgate Hotel.
Borrowers can now make their Students Loan payment by any of the following modes/platforms quoting clearly your Social Security Number (SSN):
- MOBILE MONEY: by dialing Short code *737*206# => follow prompts to make payment
- MYGHPAY: by visiting the website: www.myghpay.com or download the myghpay app on Google Play Store
=>Register/login => click on SLTF Logo => follow onscreen prompts to make payment with either your Visa, MasterCard (OR) Mobile Money. - GT COLLECT: Make payment at ANY GT Bank branch across the country, using customised pay-in slip.
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39 Comments
How do I get to know my student loan debt and how to pay it.
Please how can l pay my loan through my bank account in installment.thus monthly for one year.need help
Pls, how do i know my dept and pay back?
Pls how do I know my debt and pay back ….
And are we paying it in full or what please.
You can visit https://application.sltf.gov.gh/ or download the app from https://play.google.com/store/apps/details?id=gh.gov.sltf.sltf_mobile. Signin/Signup to access all the information you need about your loan.
Kindly call this +233 (0)302 751 020 for assistance.
I received a message alerting me of loan default. Which I m not aware of. I was a loan defaulter but that has been settled some five years back. This is my ssnit number. H107907150036. . Kindly verify and let me know exactly what is the issue.
Kindly call this +233 (0)302 751 020 for assistance.
I want to use my Ssnit contribution and pay my debt hi do I go by this?
Please the amount they are deducting me does not reflect on my dashboard.
I have paid for four months but my dashboard shows only two months. Any explanation to that
F199608020022
Kindly call this +233 (0)302 751 020 for assistance.
I need a loan
I want to use my Ssnit contribution to pay my debt hi do I go by this?
I want to know my statement but the website is not gud
Please I applied for the loan this year and we were told we would be called for biometric registration but yet still we haven’t heard anything yet.
Pls I paid 80% of my student loan I will like to see my statement.how can I check my statement.pls this is my ssnit no A099107190030.u can send to me through email
I can’t check my statement. I have paid for some months now.
Plss how long are we suppose to receive the loan?
I’m interested in the loan please
Have started payment but can’t check to see my balance left. SNNIT NO: D68610150050
How long does it take to get a loan please
Can I use my ssnit contribution to settle my student loan debt.. Thanks
Please my Name is Akoto Vincent, one of the beneficiaries of student loan in 2017 and want to know my dept i have to pay, please how will i know or check my dept?
Thanks,
0547295084
Sincere
Akoto Vincent
How much is my total debt now how I started paying even today by mobile platform so I will glad you let me have statement I can prepare to full
Snnit #D076909130033
No please, Kindly call this +233 (0)302 751 020 for further assistance.
Kindly visit https://application.sltf.gov.gh/ui/login, enter your SSNIT number, and follow the prompts.
Kindly visit https://application.sltf.gov.gh/ui/login, enter your SSNIT number, and follow the prompts.
Kindly visit https://application.sltf.gov.gh/ui/login, enter your SSNIT number, and follow the prompts.
Kindly visit https://application.sltf.gov.gh/ui/login, enter your SSNIT number, and follow the prompts.
Kindly visit https://application.sltf.gov.gh/ui/login, enter your SSNIT number, and follow the prompts.
Kindly visit https://application.sltf.gov.gh/ui/login, enter your SSNIT number, and follow the prompts.
Kindly call this +233 (0)302 751 020 for further assistance.
Kindly call this +233 (0)302 751 020 for further assistance.
Kindly call this +233 (0)302 751 020 for further assistance.
Kindly call this +233 (0)302 751 020 for further assistance.
Kindly call this +233 (0)302 751 020 for further assistance.
Kindly call this +233 (0)302 751 020 for further assistance.
Kindly call this +233 (0)302 751 020 for further assistance.
Kindly call this +233 (0)302 751 020 for further assistance.