The House of Representatives Committee Chairman on Polytechnic and Higher Technical Education, Gboyega Isiaka, says the Nigerian Education Loan Fund (NELFUND) has disbursed N84.2bn to applicants as of September 2024. The disbursements, he said, included N27.5 billion for institutional facilities and N56.7 billion for upkeep of facilities. Isiaka, who represents Yewa North/Imeko-Afon Federal Constituency in Ogun State, said 351,317 students …

The Nigerian Education Loan Fund on Friday said it received a N2 million refund from a Senior Advocate of Nigeria and former beneficiary of the defunct Federal Government Student Loan Scheme in the 1970s, Adegboyega Awomolo. According to a statement released by the Fund which was signed by its Directorate of Corporate Communications, Awomolo, who used the loan to complete …

  The Nigerian Education Loan Fund said a total of 36 state-owned tertiary institutions had been onboarded for the Student loan, noting that the students of the institutions can commence their loan applications. This was disclosed on Sunday via the official X handle of the Fund, tweeting as #NELFUND. The tweet read, “The management of NELFUND is pleased to announce …

The Management of the Nigerian Education Loan Fund (NELFUND) has announced a 14-day postponement of the application process for student loans for state institutions due to low data submissions. In statement on Tuesday, NELFUND’s Head of Media and Public Relations, Nasir Ayitogo said the decision was necessitated by the failure of several state-owned institutions, to upload the required student data …

The Nigerian Education Loan Fund (NELFund) has said that it would publish the full list of institutions that have submitted their complete student data as requested by the agency for upload onto the its Student Verification System. NELFund, on Thursday, said the list would be published on 24 June 2024. This list of both Federal and state owned institutions will …

A total of 30,000 students have successfully registered for the student loan scheme. Similarly, over 60,000 individuals have registered on the website of the fund. The Managing Director of the Nigerian Education Loan Fund (NELFund), Mr. Akintunde Sawyerr, made this known in a press briefing in Abuja on Thursday. On 12 June 2023, President Tinubu signed the Access to Higher …

The Moshood Abiola Polytechnic Abeokuta Muslim Alumni (MAPAMA) has commended President Bola Ahmed Tinubu over what it called his unwavering commitment to education and youth empowerment in the country. MAPAMA’s commendation followed the launch by the Federal Government of the Nigerian Education Loan Fund (NELFUND), aimed at revolutionising access to higher education in Nigeria. In a press statement by its …

The Federal Government, through the Nigerian Education Loan Fund (NELFund), on Thursday, announced 24 May 2024, as the official date for “the opening of the portal for student loan applications”. The announcement was made in a statement by the media lead for the NELFund, Nasir Ayantogo. In the statement, Ayantogo said the opening of the application portal marked a significant milestone …

National Association of Nigerian Students (NANS), has called for provision of study grants for Nigerian students in the bill seeking to establish the Nigeria Education Loan Fund (Nefund). NANS president, Lucky Emonele, made the call in Abuja at a public hearing on the repeal and re- enactment of 2024 Students Loans Access to Higher Education Bill 2024. The public hearing …

The Executive Secretary of the Tertiary Education Trust Fund (TETFund), Mr. Sonny Echono has assured that the launch of the student loan scheme has only been postponed for a couple of weeks and not indefinitely. He said this at the TETFund headquarters in Abuja when Kwara State Governor, Mallam Abdulrahman Abdulrasaq paid him a courtesy visit. Echono said the delay …