…A Guide for Students and Parents at Regent University College of Science and Technology
By Yaw Boadi APPIAH & Benjamin ZOGBATOR
In the current economic and financial climate of Ghana, where instability and resource scarcity pose significant challenges, the burden of funding tertiary education weighs heavily on students and their families.
This feature article, authored by Yaw Boadi Appiah, President of Regent University College of Science and Technology, provides essential insights and strategies for navigating these financial hurdles. It highlights how Regent University is committed to supporting its community through financial planning education, scholarships, flexible payment plans, and innovative learning options.
As the economic landscape continues to evolve, this guide serves as a crucial resource for families striving to secure educational opportunities without compromising their financial stability. In the current economic climate of Ghana, characterized by limited resources and increased competition for those resources, the financial burden of tertiary education can seem insurmountable for many families.
As the President of Regent University College of Science and Technology, I understand the anxieties that students and parents feel about financing education during these turbulent times. This article outlines practical strategies and resources available at Regent University that can help alleviate these financial stresses and ensure that education remains accessible and valuable.
This article provides an overview of how Regent University College of Science and Technology is addressing the financial concerns of tertiary education amidst economic instability, offering a beacon of hope and practical solutions for students and their families in Ghana.
Financial Planning and Education
One of the first steps in managing the cost of higher education is effective financial planning. At Regent University, we encourage students and their families to start planning for university expenses well in advance. This includes understanding the full cost of education—not just tuition, but also books, accommodation, transport, and personal expenses. We offer financial literacy workshops to both students and parents to help them understand budgeting, savings, and the wise management of expenses.
To support our students financially, Regent University offers a range of scholarships and financial aid packages. These are awarded based on various criteria including academic merit, financial need, leadership qualities, and special talents. We actively work to connect students with external scholarship opportunities as well, ensuring that a wider array of resources is available to them. Detailed information about these opportunities is readily accessible through our financial aid office.
Recognizing the diverse financial backgrounds of our student body, Regent University provides flexible payment plans that allow tuition and fees to be paid in installments. This flexibility helps families manage their monthly budgets more effectively and reduces the financial pressure that often comes with lump-sum payments. Our administrative staff are always available to discuss personalized payment arrangements to suit individual family needs.
To assist students in funding their education while gaining valuable work experience, we offer part-time employment opportunities both within and outside the university. Our work-study programs not only help students earn money towards their education but also help them build professional skills and networks. These opportunities range from campus administrative roles to research assistantships, depending on the student’s course of study and interests.
In an effort to make education more affordable, Regent University has invested in technology that facilitates online learning. By offering some courses online, we reduce the overall cost of delivering education, which in turn lowers the fees for these courses. Students can also save on commuting costs and other expenses associated with on-campus learning. Furthermore, we provide access to free online resources and libraries to minimize the cost of textbooks and other learning materials.
Our alumni network is a vital resource for current students seeking scholarships, internships, and job opportunities. Alumni often sponsor scholarships or fund bursaries to give back to their alma mater. Networking events and mentorship programs facilitated by our alumni association provide students with support and guidance from those who have navigated similar paths.
Conclusion
Economic challenges require innovative solutions, especially in the context of funding tertiary education. At Regent University College of Science and Technology, we are committed to supporting our students and their families through comprehensive financial support systems, flexible learning options, and a community-oriented approach. By implementing these strategies, we aim to ensure that economic turbulence does not hinder the educational aspirations of our students. In conclusion, Regent University College of Science and Technology is dedicated to supporting its students amidst economic challenges by offering a comprehensive suite of financial support systems, flexible educational options, and robust community networks. By fostering innovative solutions like flexible payment plans, work-study programs, and online courses, the university ensures that financial difficulties do not obstruct student access to quality education. This proactive approach not only aids students and their families during these turbulent times but also reinforces the institution’s commitment to educational excellence and social responsibility.
Yaw Boadi is the President of Regent University College of Science and Technology and Benjamin is the Registrar of Regent University College of Science and Technology
