By Chisomo Phiri
The Malawi Public Universities Students’ Union(MAPUSU) has hailed President Dr. Lazarus Chakwera for increasing the number of beneficiaries for student loans.
The students expressed their gratitude during a press briefing in Blantyre on Tuesday.
“This year, the number of loan recipients has increased by about 3,000 students, with 28,883 students provisionally awarded loans.
“This is an increase from 25,978 student beneficiaries last year,” said Gershom Nyirenda, the students’ president.
About K28 billion is expected to go towards supporting needy university students in the 2024/2025 loan cycle.
According to a provisional list of beneficiary students, about 95.5 percent of loan applicants this year have been successful.