NELFUND Disburses N11 billion to 90,000 Students in Six Months

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 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

opening of the portal for student loan applications.”

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 […]