A whopping amount of GH419,079,716.75 was spent by the Ghana Scholarships Secretariat for foreign scholarships awarded.The Secretariat awarded foreign scholarships to 1,797 students.Per the 2023 budget statement presented to Parliament by Finance Minister, Ken Ofori-Atta, more than half the amount, GH¢340,301,673.50, was used to cover tuition fees for the 2020/2021 academic year.Also, GH¢78,774,043.

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25 was paid as stipends for the first half of the year for all donor sponsored and some Government of Ghana sponsored students.Under the District Level Decentralisation Scheme (DLDS), the Ghana Scholarships Secretariat made payment of tuition fees for continuing students in public universities with renewed scholarship awards, as well as fresh beneficiaries for the 2021/2022 academic year.

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The Finance Ministry did not disclose the amount spent on local scholarships by the Secretariat.However, the ministry disclosed that a total of 8,174 students benefited from the local scholarships.In November this year, the Registrar of the Ghana Scholarship Secretariat, Dr. Kingsley Agyemang, stated that a total of GH₵50 million has been released to the Controller and Accountant General Department to pay scholarships.

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He made this known to a delegation from the National Union of Ghana Students (NUGS), led by its president, Dennis Appiah Larbi-Ampofo, paid a courtesy call on the Secretariat at the end of October.

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