The Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, has confirmed the receipt of N193 million in institutional fees from the Nigerian Education Loan Fund (NELFUND) to cover the fees of 1,068 students.

The Alex Ekwueme Federal University Ndufu-Alike, Ebonyi State, has confirmed the receipt of ₦193 million in institutional fees from the Nigerian Education Loan Fund (NELFUND) to cover the fees of 1,068 students. Vice-Chancellor of the university, Prof. Sunday Elom, announced the release of the first tranche of funds in a letter addressed to NELFUND Managing…

The University of Ibadan has announced that 3,283 students have had their loan applications approved by the Nigerian Education Loan Fund (NELFUND). In an internal memo, the university's leadership stated that although the funds have not yet been received, affected students will be allowed to sit for the 2023/2024 first-semester exams. The memo read, “Further…

Nigerian Education Loan Fund (NELFund) has disbursed over N5.09 billion institutional fees to 59 federal and state tertiary institutions, even as it has commenced sensitisation campaign to schools nationwide. 

The Nigerian Education Loan Fund (NELFund) has disbursed over N5.093billion institutional fees to 59 federal and state tertiary institutions, even as it has commenced sensitisation campaigns to schools. This comes as 45,440 beneficiaries have received institutional fees from the Fund. The Guardian reports that NELFUND has so far visited 10 tertiary institutions including Chukwuemeka Odumegwu…

The Nigerian Education Loan Fund (NELFUND) has announced a delay in the disbursement of August stipends to students. NELFUND, through its spokesperson, Oseyemi Oluwatuyi, said in a statement that the delay is due to ongoing payment processing and security checks. It also noted that the delay is necessary to protect public funds and ensure they…

The Nigerian Education Loan Fund (NELFUND) has announced the receipt of a N2 million bank draft from Senior Advocate of Nigeria (SAN), Asiwaju Adegboyega Solomon Awomolo, marking the full repayment of his loan from the now-defunct Federal Government Student Loan Scheme. Awomolo, who benefited from the scheme in the 1970s, settled his loan in a…

Students from Kano, Borno, and Benue states have taken the lead in NELFUND student loan applications, indicating a high demand for educati

Indigenes of Kano State are the highest applicants of the student loan scheme. This was revealed in a data chart the Nigerian Education Loan Fund (NELFUND) posted via its X handle. According to the data chart, students from Kano State topped the list with 17,122 applicants. Borno State is second on the list with 13,798…

A former member of the House of Representatives who was once a beneficiary of the Federal Government Student Loan Scheme, Lanre Laoshe, has repaid his N1,200 student loan received between 1976 and 1979 with the sum of N3,189,217.00.

A former beneficiary of the Federal Government Student Loan Scheme, Lanre Laoshe, has repaid his N1,200 student loan, received between 1976 and 1979, with the sum of N3,189,217.00. This was revealed in a statement signed by Nigerian Education Loan Fund (NELFUND) spokesperson Nasir Ayitogo. “Hon. Laoshe, a distinguished former member of the House of Representatives…

South-East caucus of the National Assembly has raised concerns about the non-participation of students from the region's tertiary institutions in the recent disbursement of student loans by the Nigerian Education Loan Fund (NELFUND).