NELFUND to Restrict Student Loans to High-Demand Fields

NELFUND to Restrict Student Loans to High-Demand Fields

Student Loan Scheme May Exclude Certain Courses, Says NELFUND The Nigeria Education Loan Fund (NELFUND) has hinted at plans to restrict access to interest-free student loans for specific courses. Akintunde Sawyerr, NELFUND’s Managing Director, shared this during a virtual event titled “Student Loan Masterclass: Why, What, and How?” organized by The Renewed Hope Global. Sawyerr … Read more

Tinubu Approves N35 Billion To Kickstart Student Loan Disbursement

President Bola Tinubu has sanctioned N35 billion for the launch of the student loan scheme. According to figures from the Nigerian Education Loan Fund obtained by The Nation, 70,000 applications have been approved so far. Additionally, another 50,000 applications are currently being evaluated and are expected to be approved within 30 days. Editor’s Picks Minimum … Read more