THE Nigerian Education Loan Fund (NELFUND) says it has strengthened its system to ensure zero misappropriation and seamless access to education loans for students. The Team Lead NELFund and Director Monitoring and Evaluation, Dr Aliyu Muhammad, said this in Ibadan on Wednesday during a sensitisation programme for students of TPI. …
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NELFUND to Disburse Loans to 6,004 Students of Ibadan Poly
THE Nigerian Education Loan Fund (NELFUND) says it is set to disburse loans to 6,004 students of The Polytechnic Ibadan (TPI). The Team Lead NELFund and Director Monitoring and Evaluation, Dr Aliyu Muhammad said this in Ibadan on Wednesday at the sensitisation programme for students of TPI. He said that over …
Read More »NELFUND Assures Lawmakers of Prudent Disbursement of Funds
THE Nigerian Education Loan Fund (NELFUND) has reaffirmed its commitment to transparent and responsible disbursement of student loans across the country. NELFUND’s, Managing Director, Mr Akintunde Sawyerr, made this known during an oversight meeting with the House Committee on NELFUND on Wednesday in Abuja. Sawyerr disclosed that 90 per cent …
Read More »Over 500,000 Students Apply for NELFUND Loan in 11 Months
OVER 500,000 Nigerian students have applied for student loans through the Nigeria Education Loan Fund (NELFUND) portal in its first year of operation. NELFUND said the milestone was achieved within just 11 months of operations, noting that this underscores the critical need for accessible student financing in Nigeria and highlights …
Read More »How NELFUND Opened Opportunities for Nigerian Youths – Idahosa
EDO state deputy governor, Rt. Hon Dennis Idahosa, has eulogised President Bola Ahmed Tinubu over his initiative of the Nigerian Education Loan Fund (NELFUND), which he said opened vista of opportunities for the youths to pursue higher education irrespective of their background. Idahosa who described the policy as noble, said …
Read More »Delayed NELFUND Disbursement: UNICAL To Reimburse Students
THE University of Calabar (UniCal), says beneficiaries of the Nigerian Education Loan Fund (NELFUND), for 2023/2024 session, who could not access the fund, will be given concession in the new session. This is contained in a statement on Tuesday in Calabar, by Prof. Tony Eyang, Deputy Vice Chancellor (Academic) of …
Read More »FG allocates N175.13 million to NELFUND in 2025 budget
THE Federal Government in the proposed N49.74 trillion 2025 budget has allocated approximately N175.13 million to the Nigerian Education Loan Fund (NELFUND). The Nigerian Education Loan Fund (NELFUND), a pivotal financial institution under the federal agency, was established to provide loans to eligible Nigerian students for higher education, under the …
Read More »3,100 ATBU Students Get NELFUND Loans
NO fewer than 3,100 indigent students of the Abubakar Tafawa Balewa University (ATBU), Bauchi, have benefited from the Federal Government’s students loan scheme. Fahad Abdullahi, President, Students Union Government, ATBU, said this in an interview with the News Agency of Nigeria (NAN), in Bauchi on Tuesday. https://newsextra24.com/troops-neutralise-8-alleged-ipob-esn-members/ He said that …
Read More »Why we Have Not Paid August Stipends — NELFUND
THE Nigerian Education Loan Fund, NELFUND, has called on applicants to exercise patience and understanding over delay in paying their August stipends. NELFUND’S Director of Corporate Communications, Oseyemi Oluwatuyi, disclosed this on Thursday in a statement. Unlike clear evidence in disbursement of tuitions to applicants in over 50 tertiary institutions …
Read More »NELFUND Receives Another N2m Refund From Former Beneficiary
THE Nigerian Education Loan Fund (NELFUND) has announced the receipt of two million Naira, through a bank draft, given by Adegboyega Awomolo, a former beneficiary of student loan. This is contained in a statement by Monalisa Dike, from the Corporate Communications Department of the fund on Friday in Abuja. Dike …
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