Scholarship Processes at GETFund have improved.  

1. Excerpts from a 2018 Forensic Audit Report on awards of scholarships by Ghana Education Trust Fund (GETFund or the “Fund”), which audit was initiated and paid-for by the Fund, and carried out by the Auditor-General’s Department, have been re-circulated on social media over the weekend.

2. The Fund undertook this exercise to uncover the trends of scholarship awards from 2012 to 2018 and ensure efficiency and increase transparency in the administration of scholarships.

3. The Audit Report made recommendations towards streamlining the awards of scholarships by the Fund. The Board has through management implemented the said recommendations. 

4.  Management has also introduced many reforms that have since transformed the face of scholarships at the GETFund. For instance, management has implemented an end-to-end online process in the awards and the management of scholarships. This has led to an enhanced, transparency, efficiency, and effectiveness in the administration of scholarships. 

5.  It would be recalled that when the said Audit Report emerged in the public space in August 2019, the Administrator of the Fund, Dr. Richard Ampofo Boadu, engaged the media and explained the origination and the purpose of that Special Audit.

6. Management is therefore utterly surprised that these very listed scholars captured in the Audit Report have resurfaced on social media generating a discourse and making it look like a new matter that requires immediate attention.          

7. As part of the policies by the Fund to deepen stakeholder engagement, the month of November, in each year, has been earmarked for an open forum with all stakeholders. The forum offers opportunity for the pubic to ask questions and for the Management to explain procedures and systems introduced to ensure prudent utilization of the taxpayers’ funds.  




Isaac Asiedu-Odei 

Public Relations Officer