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
As of September 6, 2024, at least five tertiary institutions in the South-East have received funds from the Federal Government’s student loan scheme, according to data from the Nigeria Education Loan Fund (NELFUND). This development addresses previous concerns that NELFUND was neglecting South-East institutions in its disbursement process. NELFUND clarified that it was not deliberately … Read more
The Economic and Financial Crimes Commission (EFCC) has contributed N50 billion to support the Nigerian Education Loan Fund (NELFUND). EKO HOT BLOG reports that this announcement was made by the anti-corruption agency on Tuesday, August 13, 2024, during a courtesy visit to the EFCC headquarters in Abuja by the Fund’s Managing Director and Chief Executive … Read more
No fewer than 9,687 students applied for education loans from the Nigeria Education Loan Fund (NELFUND) within 24 hours. EKO HOT BLOG gathered that this figure marks the highest number of applications in a single day since NELFUND opened its portal for interested students on May 25, 2024. NELFUND’s Director of Corporate Communications, Oseyemi Oluwatuyi, … Read more