The Ghana Education Trust Fund (GETFund) has firmly rejected claims that it sells foreign scholarships, calling these allegations unfounded and without evidence.
In a statement released on Wednesday, February 4, 2026, GETFund noted that it had been alerted to accusations made by Mr. Kofi Ofosu Nkansah, the former Chief Executive Officer of the National Entrepreneurship and Innovation Plan (NEIP), during a panel discussion on Sompa FM/TV.
The Fund emphasized that its scholarship program follows strict guidelines and is both transparent and based on merit.
“We want to stress that GETFund scholarships make up five percent (5%) of its yearly budget. The Fund implements a rigorous and transparent process for granting scholarships to deserving students. All recipients are chosen based on merit-based criteria,” the statement explained.
GETFund firmly denied the claim that scholarships, whether local or foreign, are being sold.
“GETFund rejects any unfounded claims made by Mr. Nkansah that scholarships, both local and foreign, are being sold, which he could not prove,” it continued.
The Fund reassured the public, especially students and stakeholders in the education sector, that its scholarship programs are fair and credible.
“GETFund wants to assure the public, particularly students and stakeholders in the education sector, that its scholarship programs are open, fair, and aimed at empowering deserving individuals,” the statement highlighted.
GETFund reassured the public, especially students and stakeholders in the education sector, that its scholarship programs are open, fair, and aimed at empowering deserving individuals.
The Fund urged all Ghanaians to avoid making unfounded accusations that could damage the reputation of important state institutions.
“We encourage open discussions to resolve any issues and guarantee that all necessary actions will be taken to maintain the integrity of the GETFund scholarship process,” it stated.
The GETFUND announcement follows the presidency’s order for an immediate inquiry into claims that Ghana’s overseas scholarship system might have been compromised, after allegations were made on the radio that someone was paid to obtain a scholarship for studying abroad.
The directive, released on Tuesday and signed by the Secretary to the President, Dr. Callistus Mahama, directs the National Investigation Bureau (NIB) to investigate what the Presidency refers to as a matter of “serious public concern.”
“The President views the allegation as serious and of significant public concern,” the statement mentioned, emphasizing that the issue directly relates to the government’s declared commitment to “transparency, integrity, and equal access to educational opportunities.”