The University of Guyana (UG) has been allocated $14.5 billion in Budget 2026.
Making this announcement was Finance Minister Dr Ashni Singh, who explained that the funds will be used to finance the institution’s ongoing and expanded operations.
He highlighted that the government has already written off over $3 billion in student loans for more than 4,000 persons – an initiative that will continue this year.
Since tuition fees for UG was abolished, the number of applications to pursue higher education at the institution increased significantly to over 26,000 for the academic year 2025/2026.
In recognition of the high demand for access to particular UG programmes, especially engineering and the medical sciences fields, Dr Singh reaffirmed that officials will be expanding access to these programmes in Regions 2, 3 and 6.
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