Latest update April 20th, 2024 12:59 AM
Jul 15, 2017 News
Current and continuing students of the University of Guyana who wish to pay their tuition fees can now do so using the Mobile Money Guyana Service (MMG). This was made possible by a Memorandum of
Understanding (MoU) signed, yesterday, between the University and the Guyana Telephone and Telegraph Company (GTT).
Signing on behalf of GTT was the company’s Chief Executive Officer (CEO), Justin Nedd, while Vice Chancellor, Ivelaw Griffith, represented the University. Both gentlemen expressed that the initiative is to provide an easy and enhanced process for students to make their payments.
This new option will therefore offer students a less time-consuming method to pay their fees instead of having to join long lines at the bank. Further, it was explained that in addition to paying tuition fees, students can also pay their dormitory, graduation, registration, general due, summer registration and transcript fees.
The MMG service can be accessed through the MMG Mobile App which is available for download on the Google App Store. This is the second update to the MMG system this year geared towards improving payment options for University of Guyana students.
Last June, the telecommunications company and the University formalised an agreement allowing past students of UG who took loans from the Ministry of Finance through the Student Loan Agency to repay their loans using the MMG service.
The payment platform allows persons to do business without using physical cash. Initially, the service was introduced for GTT customers to pay their utility and hire purchase bills. It also allowed for persons to top up their own GTT pre-paid accounts and sell credit to others.
As it relates to making payments concerning University loans and fees, each student, whether current or past would have to input their Student Registration Number or the Unique Student Identifier (USI) and indicate the amount they wish to pay.
Based on the most recent figures, since 1994, close to $10B had been disbursed from the Loan Agency which is a department of the Finance Ministry. Further, of the 28,936 loans issued so far, a large number (20,301) are delinquent.
The MMG App can be used anywhere in Guyana and the rest of the world once the user has a GTT mobile phone.
Where is the BETTER MANAGEMENT/RENEGOTIATION OF THE OIL CONTRACTS you promised Jagdeo?
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