Government releases $1m to settle University of Memphis debt

The Ghana Scholarships Secretariat has announced the release of $1 million by the government to help clear outstanding debts owed to the University of Memphis, following growing concerns over the potential revocation of scholarships, evictions, and deportations of Ghanaian students studying in the United States.

At a press conference in Accra on Wednesday, July 30, 2025, Registrar of the Secretariat, Alex Kwaku Asafo-Agyei, assured the public that efforts are underway to resolve the matter and protect the affected students.

“We are on course with the issues regarding the Ghanaian students at the University of Memphis. Ghanaian students will not be deported, I give you that assurance,” he said.

He revealed that $400,000 has already been paid to the university, with an additional $1 million currently being processed. The total debt stands at $3.6 million, of which approximately $2.2 million remains.

“Because the audit is ongoing, we are not paying all. We owe them $3.6 million in total, and we have paid $400,000 so far. We are now processing a $1 million payment.

“The money is currently with the Controller and Accountant General’s Department, and it will move from there to the Bank of Ghana, then to Washington for the final transfer,” he revealed.

The Secretariat reaffirmed its commitment to resolving the issue swiftly to prevent any disruption to the students’ academic journey.