The University of Guyana (UG) has been allocated $1.7 billion out of the $28.7 billion government has budgeted for the education sector for 2013 and of this figure $450 million is for student loans.
Last year $1.3 billion was allocated. The amount budgeted for student loans remain the same.
Finance Minister Dr Ashni Singh, while speaking on the education sector during his 2013 budget presentation