The Ghana Financial Service (GFS) and the Ghana National Association of Teachers (GNAT) on Friday jointly launched the second phase of a scholarship scheme with an advice to parents to ensure that they invested in their wards' education.
The scheme, which is meant for children of members of GNAT and clients of Ghana Financial Services, aims at catering for the financial needs of less privileged but brilliant students selected nationwide.
Mr Kofi Adu Mensah, Managing Director of Ghana Financial Service, who launched the second phase of the package, urged parents to make their children's education a priority and get actively involved in their academic, social and spiritual development.
“It is unfortunate some parents believe that the education of their wards is the sole responsibility of teachers, but it depends on you parents and the teacher.”
Mr Mensah said about GH¢100,000 had been set aside to assist the beneficiaries from the senior high to the tertiary level.
The criteria for the award of the scholarship package, he said, included excellence and discipline.
He attributed the upsurge of “streetism” in Ghana to parental neglect of their responsibility and said “just as hereditary and environment play a vital role in shaping the child so parents should assist teachers in their child's education”.
Mr Mensah advised the students to learn hard to achieve their aspiration and avoid deviant friends since their success depends largely on their education.
He announced that the company which currently had 23 branches nationwide would soon open more branches and noted that the scholarship scheme was part of the organization's commitment to give back to society.