3, 727 Bayelsa Students Have Benefitted From the Higher Education Loan Scheme, Says Dr. Michael Amaegberi.
Executive Secretary of Bayelsa State Higher Education Students’ Loans Board, Dr. Michael Amaegberi says so far, three thousand seven hundred and twenty seven (3,727) Bayelsa students have been able to access the education loan while over eight hundred applications are pending and awaiting payments.
Dr. Michael Amaegberi disclosed this during the inaugural meeting with new directors and members in the Board’s conference room in Yenagoa, adding that “the loan has a revolving status so will be repaid by beneficiaries subsequently.”
He noted that the State government introduced the revolving education loan as an alternative to the erstwhile bursary system which appears to be moribund. The main idea behind the loan scheme is to ensure that Bayelsans have unfettered access to Higher education in order to the improve human capital development in the state.
He further stressed the need for all members to work as a team to actualize the objectives of the Board as he is prepared to carry every member along in the scheme of things being a team player himself.
In his remark, former commissioner for environment, Hon. Ebipatei Apaingolo who is the Director of Monitoring and Evaluation, commended the chairman and the executive secretary of the board for their efforts in promoting and fashioning out strategies to improve the educational fortunes of indigent Bayelsa students in tertiary institutions and that he was amazed at the progress made prior to his coming on board.
He advised other directors and members of the board to work harmoniously and support the leadership, especially the Executive Secretary, of the Board so that more progress will be made going forward.
The meeting ended with a resolution to continue to enlighten the public to create more awareness about the students loan scheme in addition to fashioning out more ways of generating funds from NCDMB, IOCs and other corporate entities in the state for the benefit of the teeming student population that is always growing.