HomeNewsGhana's Memphis University debt reduced to $1.35 million

Ghana’s Memphis University debt reduced to $1.35 million


The government of Ghana has significantly reduced its outstanding tuition debt to the University of Memphis (UofM) in the United States, bringing the balance down to $1.35 million after a series of recent payments.

The university confirmed to Action News 5 on Tuesday that a second payment of $1 million had been received, lowering the country’s initial debt of over $3 million.

This follows an earlier payment of a similar amount, which was made to ensure that students on government scholarships could remain enrolled and on campus.

The financial relief came after UofM President Bill Hardgrave issued a deadline of August 9 for the students to make a payment towards their outstanding balance.

The students, who are under a government-sponsored scholarship program, had faced the risk of being withdrawn from the university due to the non-payment of their tuition.

This situation highlights the financial challenges faced by many developing nations in meeting their international education commitments.

The government of Ghana has a long-standing partnership with the University of Memphis, with a considerable number of Ghanaian students pursuing various academic programs at the institution.

The recent payments are a welcome development for the students and the university, signaling the government’s commitment to its scholarship program and the continuation of a valuable educational partnership.

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DISCLAIMER:The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.


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