NELFUND Closes Student Loan Applications Feb 21
Nigerian Education Loan Fund, NELFUND, says it will close the 2023/2024 student loan application cycle on Friday, February 21. At a news conference yesterday in Abuja, its Managing Director, Akintunde Sawyerr, reassured students who had successfully submitted their applications before the deadline that their applications would be processed, in line with established methods. Sawyerr said […]
NELFUND Disburses N23bn to 128 Tertiary Institutions
The Nigerian Education Loan Fund (NELFUND), the government agency in charge of student loans in Nigeria, has disbursed a total of N23 billion to several individuals and 128 tertiary institutions in Nigeria. Speaking to newsmen, Akintunde Sawyerr, its Managing Director, disclosed that N18 billion has been channelled to the institutions while about N5 billion has […]
NELFUND Disburses N11 billion to 90,000 Students in Six Months
Nigerian Education Loan Fund (NELFUND) has disbursed N11 billion to 90,000 students as fees and stipends within six months. Speaking during an oversight visit by the Senate Committee on Tertiary Institutions and TETFUND, the Fund’s Managing Director, Dr. Akintunde Sawyerr, said from the N96 billion earmarked for students’ loans, about N11 billion had been paid […]
President Tinubu launches Nigerian Education Loan Fund
President, Bola Ahmed Tinubu has officially launched the Nigeria Education Loan Fund to commence the disbursement of the Student Loan Scheme in Nigeria. Speaking during the Presidential launch and the disbursement of the Nigeria Education Loan Fund at the Council Chamber of the State House, Abuja, President Tinubu reaffirmed his commitment to ensure more inclusiveness […]
FG to open student loan portal on May 24
The Federal Government, through the Nigerian Education Loan Fund, has announced May 24, as the official date for “the opening of the portal for student loan applications.” The Managing Director of NELFUND, Mr Akintunde Sawyerr, disclosed this yesterday in a statement saying the opening of the portal marked a significant milestone in the commitment of […]
