Students of the University of Guyana (UG) now have the option to process online payments for tuition and other facilities fees, a technology that brings a number of benefits to both the student population and the tertiary educational institution.
UG Vice Chancellor, Professor Ivelaw Griffith and the Chief Executive Officer (CEO) of the Guyana Telephone Telegraph (GTT), Justin Nedd earlier today signed a Memorandum of Understanding (MoU) to provide the Mobile Money service to the college students.
With this service, students can pay their processing fees, dormitory fees, general dues, graduation fees, registration fees and transcript fees in a faster and more convenience manner from anywhere around the world.
“At GTT, we’re focused on doing more and this is just another step in doing more,” the GTT CEO stated during the simple signing ceremony at the Office of the Vice Chancellor at the Turkeyen Campus.
The Mobile Money App can be downloaded on all android phones and the telephone giant is in the process of getting the tool available for IOS users.
After registering with a Mobile Money agent, billers can make payments from a minimum of $500 and a maximum of $60,000 per transaction and up to $100,000 per day.
President of the UG Student Society Association, Ron Glasgow noted that this service will make the lives of the students much easier with just the click of a button.
Commenting on the convenience factor of this service, Professor Griffith said the university’s both the international and local students will benefit greatly as well as the institution.
“If you are a student who has to come make a special trip just to get your tuition paid, there is a cost to doing that,” he said, referring to time and transportation costs.
With the Mobile Money service, he stressed that students can stay where they are and with just the click of a button, pay their fees instantly.
He noted that this is also very convenient for the foreign students pursuing various programmes at UG.
It was disclosed that students come from about 33 countries such as Caribbean States, Canada, the USA, Fiji and Australia.
Professor Griffith also noted that the service allows the Bursar and the Registrar to enhance the turnaround time to process the various applications.
UG Registrar, Nigel Gravesande also pointed out that the service eliminates the usage of large amounts of cash, which is advantageous to both students and the institution.
“We have to move to a modern society and institution and have lesser reliance on cash as a monetary instrument or the payment of goods and services,” he stated.