Student Loan Disbursement

NELFUND Explains Why South-East Students Missed Out On Federal Loan

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Private Universities Student Loan

The Nigerian Education Loan Fund (NELFUND) has clarified why students from South-East institutions have not yet benefited from the federal government’s student loan program. On Friday, NELFUND reported the disbursement of ₦2.95 billion to 27,667 students across 19 universities nationwide. However, none of the federal institutions in the South-East were included on the list of … Read more

Tinubu Approves N35 Billion To Kickstart Student Loan Disbursement

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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

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