The Liberia Macroeconomic Policy Analysis Center (LIMPAC) at the Ministry of Finance and Development Planning (MFDP) has contributed more than L$2 million as financial aid schemes to the University of Liberia Student Union (ULSU) and other campus based organizations at the University of Liberia for the academic year of 2018 to 2019.
The donations were made last week between July 2-5, in checks payable to the UL in favor of the scholarship and financial aid listings of ULSU and two other campus-based organizations.
LIMPAC’s Executive Director Mr. Del-Francis Wreh thanked Samuel D. Tweah, Jr., Minister of Finance and Chairman of the Board of Management of LIMPAC, for approving increment in the support to ULSU from L$500,000 in the past semester to L$1,350,000, demonstrating his true desire toward the pro-poor agenda of the Government.
Mr. Wreh emphasized that the support to campus-based organizations’ financial aid schemes is intended to benefit several hundred economically challenged students, and the support is a demonstration of government’s relentless commitment to supporting the students’ educational pursuits.
The LIMPAC Executive Director also welcomed recent reforms by ULSU, committing to periodically publish the names of the donors and beneficiaries of their scholarship and financial aid program to ensure accountability and transparency.
Mr. Wreh also called on other campus-based organizations with similar financial aid schemes to adopt the transparency initiatives of ULSU to ensure that only truly economically challenged scholars and students benefit from the financial aid.
This according to the LIMPAC Executive Director, this will ensure that no scholar is left behind. During the presentations, Wreh also assured the students leadership of Minister Tweah expressed desire and commitment to institutionalize Government’s support to the financial aid programs at the University through the National Budget as the Government strives to improve the economy to reduce the hardship faced by the students, their parents and sponsors.
The LIMPAC Executive Director also promised to collaborate with ULSU, especially the Economic Students Association within the areas of joint research studies, primary data collection and validation, internship programs for graduating seniors, etc.
Meanwhile, Director Wreh has disclosed that the vision of LIMPAC and the Finance Ministry under the stewardship of the Minister Tweah is to expand financial aid schemes as well as the requisite technical support to various institutions of higher learning in the country.
The LIMPAC’s boss also challenged the leadership of student associations at other universities to partner with LIMPAC in developing and implementing doable academic and professional programs that support productivity within the student community.