The Ghana Institute of Management and Public Administration (GIMPA) Alumni Association is establishing an endowment fund to cater for the needs of brilliant needy students who gain admission to the institution.
Additionally, the association is also in discussions with the management body of the institute to construct a 360-bed hostel to ease the accommodation burden of students.
The President of GIMPA Alumni Association, Mr Norman Yemetey Tetteh, made this known at a breakfast meeting held in Accra.
The meeting was to discuss possible ways of helping the institution address some of its development challenges.
It also provided the platform for the executive of the association to share ideas on how to improve its current status and assist the management of GIMPA to roll out its planned development agenda.
Touching on the endowment fund, Mr Tetteh said the move was to assist students with good academic records who might find it extremely difficult to raise the needed money to pursue their courses.
He said a lot of times, brilliant students dropped out of school because they did not have the support to pursue higher education.
Mr Tetteh said the fund would be administered with the GIMPA administration to ensure that those who needed it most were given the first priority.
Concerning the construction of the hostel, Mr Tetteh indicated that the alumni had realised that GIMPA lacked hostel facilities and added that the institution only had a few hostels, which housed a few people for a short stay to write exams.
He said many students of GIMPA outside Accra faced challenges of finding suitable hostels around the institute and, therefore, the decision to construct the hostel facility was to address the challenges that students of the institute faced.
According to him, authorities of GIMPA had given their blessing to the project, and indicated that the hostel facility would be run in partnership with GIMPA’s management.
"Right now what we are waiting for is to get the land from the management of GIMPA to begin the project," Mr Tetteh said.