University of Guyana (UG) students can now pay their dormitory, application, general and graduation fees using the Guyana Telephone Telegraph (GTT) Mobile Money application. A Memorandum of Understanding (MOU) signed today, between UG and GTT is a new initiative to improve services, Vice Chancellor(VC) and Principal of the University, Ivelaw Griffith said. Professor Griffith added that there are a number of benefits to this new initiative. He explained that the service is a convenience factor for the student.

A less than satisfactory number of University of Guyana (UG) students and former students have taken advantage of the Independence Jubilee reduced tuition fee repayments, resulting in the Guyana government being still saddled with a huge number of outstanding student loans, Finance Minister Winston Jordan said Monday.

The Ministry of Finance has partnered with the University of Guyana and the GuyanaTelephone and Telegraph Company to offer current and former students, an easier option to repay their student loans. The partnership is described by Minister of Finance Winston Jordan as another in a series of initiatives, to have students repay their debts in a fast and secure manner.