State institutions included in student loan, says NELFUND

The Nigerian Education Loan Fund (NELFUND) has said students from state-owned tertiary institutions would benefit from the student loan scheme.

NELFUND addressed confusion regarding the eligibility of students for its new student loan programme on Tuesday, in a press statement, signed by its
Media and Public Relations Lead, Nasir Ayitogo.

The agency refuted claims circulating on social media that the programme is limited to federal institutions, maintaining that all public tertiary institutions, both federal and state, are included in the programme by law.

However, they acknowledge a phased rollout to ensure efficient management.

The statement read in parts, “The programme is designed to roll out in phases in order to ensure effective and efficient management of the process.

“The first phase for a start will focus on students attending federal institutions.

“The second phase, which will be launched shortly after the initial rollout, will extend the programme to students at state institutions.

“NELFUND is fully committed to providing financial support to all eligible students, regardless of whether they attend Federal or State tertiary public institutions.

“The mission of the President Bola Ahmed Tinubu’s Renewed Hope Agenda is to ensure that all desirous students have access to the financial resources necessary to pursue their educational goals and aspirations.”