A financial crisis threatening the academic future of nearly 200 Ghanaian students at the University of Memphis has been temporarily averted.

The University of Memphis has confirmed the receipt of a $1 million payment from the government, a critical measure that has halted eviction and deportation threats against the students.

The payment, however, is a partial solution to a larger problem.

The university stated that it only addresses a fraction of the total $3.6 million debt owed by the Ghana Scholarship Secretariat (GSS) under a government sponsorship programme, leaving an outstanding balance of $2.2 million.