The implementation of the Free Senior High School policy has saved and will continue to save the parents of beneficiary students thousands of Ghana cedis, according to Patron for Bumbum for Nana, Gloria Owusu.
According to him, apart from making senior high school education accessible to several thousand more Ghanaian children, the Free SHS policy also had financial benefits for parents.
“For a parent with a boarding SHS student, you save GHS2,015.22, while a parent with a boarding TVET student saves GHS 2,115.22” She explained.
“Over a 3 year period a parent with a boarding SHS student would have saved nearly GHS 5,534.43 (or about 55 million old cedis). The savings is about 110 million old cedis if you have 2 children going through the free SHS,’’ Gloria Owusu exclusively told Kwaku Owusu Adjei on Pae Mu Ka’ on Accra-based Kingdom FM 107.7
“If you are a small business person or a trader, this is substantial savings that can be invested in your business without having to take a loan from the bank.”
The Free SHS programme, Gloria Owusu indicated, “is therefore not only helping to educate our children, but is also helping families to save and use that savings to invest in small businesses. Free SHS has really lifted a burden off the shoulder of parents.”
Introduced in the 2017/2018 academic year, the Free SHS policy has made it possible for the whole of Ghana to enjoy free Senior High School education, with free meals for both boarding and day students, free boarding accommodation and free textbooks.