Malawi Top News

Malawi pres. Mutharika orders additional resources for the needy varsity students

Chris Chisoni
Chris Chisoni

It does not get sweeter than this when the Presidents orders additional allocation of resources to the needy and deserving students.

The allocated amount will be outside K1.5Billion which the Parliament allocated to the Students Loan and Grants board.

Speaking during the press conference, the grants board chairperson Geoffrey Chipungu urged the former students to repay their outstanding loans so that more needy can be able to access the facility.

In his statement on the status of loan repayment, the Student load Executive Director, Chris Chisoni said currently a lot of former students are repaying the loans.

“Let me appeal to the general public to continue repaying the loans so that these needy students can benefit,” Said Chisoni.

Chisoni said currently, CSOs and students have raised concerns on the numbers of students dropping out either due to their partial financing of fees by the loans granted in 2015 to 2016 by the loans board.

“The Loans Board is pleased that Government has come to the rescue of the situation which was dire and that indeed the Loans Board has been capacitated to facilitate the increased support to needy and deserving students.” Said Chisoni.