The University of Guyana (UG) and the Guyana Telephone and Telegraph Company (GTT), after launching Money Mobile Guyana (MMG) last month for students to make easy tuition payments, on Friday signed a Memorandum of Understanding to solidify the deal.
Last month, the Ministry of Finance, GTT and UG launched a new payment plan that would be convenient for students to pay their tuition fees on their cellphones via the MMG application. On Friday, UG Vice-Chancellor Professor Ivelaw Griffith and GTT CEO Justin Nedd met to formally sign the MMG agreement that would benefit both international and local students at the university.
Speaking at the event, Griffith noted that the new payment system would be beneficial to the some 8,000-plus students who attend the institution. It was confirmed that 60 percent of the student population on the university make cash payments annually, and this new payment system is