Part of University of Memphis’ Debt Paid
The University of Memphis (UofM) has confirmed that Ghana has significantly reduced its outstanding tuition debt for scholarship students studying on campus. The debt, which previously stood at over $3 million, has now been cut down to $1.35 million following two recent payments by the Ghanaian government.
Earlier this month, the university received $1 million from Ghana, allowing students on government scholarships to remain enrolled and housed. On Tuesday, UofM confirmed another $1 million payment, leaving a balance of $1.35 million due by October 15.
UofM President Bill Hardgrave had earlier warned that Ghanaian scholarship students would face strict deadlines to settle tuition balances, giving them until August 9 to make payments. The recent financial commitment from the government has eased concerns, safeguarding the students’ academic future and reinforcing Ghana’s dedication to honoring its international obligations.
The development has been welcomed by both students and university officials as a positive step toward strengthening the educational partnership between Ghana and the University of Memphis. The government’s timely payments underscore its commitment to sustaining scholarship programs that provide valuable opportunities for Ghanaian students abroad.