consolidate loan personal student

ANUC SRC wants new loan scheme for continuing students

Koforidua, July 19, GNA - The Students' Representative Council (SRC) of All Nations University College (ANUC), Koforidua, has appealed to the Government to allow continuing students in tertiary institutions to benefit from the new Students Loan Trust (SLT), which was recently announced by the Ministry of Education, Science and Sports. In a statement issued in Koforidua on Tuesday and signed by the SRC President, Kwabena Yirenkyi and Secretary, Andrew Adjetey, the appeal was based on the inability of many continuing students to find the required number of guarantors under the currently operating SSNIT Loan Scheme, which the SLT had come to replace. While commending the Government for the introduction of the SLT, it was of the view that, "instead of only "freshers", the SLT should be expanded to cover continuing students, who due to lack of guarantors, could not access the SSNIT loan and therefore, unable to cope with the financial burden of fees and have deferred their courses." The statement believed that "such a mitigation would go a long way to accelerate the empowerment process of human resource development of the country." It reiterated the commitment of the student body towards the enhancement of education in the country and expressed appreciation for the favourable policies being fashioned by the Government in this regard.

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Beverly bank taking some giant steps

Beverly National Bank has a new home on Wall Street. The bank, with assets of $440 million, last month started trading on the American Stock Exchange under the symbol BVN , forgoing its place on the smaller Over-the-Counter Bulletin Board.

And the bank also issued 805,000 new shares of stock, at $22 per share, netting $16 million in new capital to fuel the bank's aggressive plan to double its size over the next five years.

``We have a real plan for continued growth," said Donat Fournier , chief executive officer. ``We felt it was prudent to do the offering now to support that growth."

The offering, underwritten by Sandler O'Neill & Partners , a New York investment firm, more than doubled the bank's total shareholders to 700. Previously, Beverly National had about 300 shareholders, most of whom live in Essex County, and its shares were traded on the OTC under the symbol BVNC.

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