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Student loans: NELFUND disburses N1.72bn institutional fees for 20,000 students

NELFUND

NELFUND

The Nigerian Education Loan Fund (NELFUND) has said it has disbursed over N1.72 billion in institutional fees for 20,000 students.
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This is even as it has approved 260,000 loans consisting of institutional fees and upkeep loans.

Managing Director/Chief Executive Officer of NELFUND, Akintunde Sawyerr, stated this at a press conference on Wednesday in Abuja.

He clarified that while the institutional loans were sent directly to the students, stipends would be sent directly to applicants.

Details soon…

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