student loan
23 Dec
The Nigeria Education Loan Fund (NELFUND) has disclosed that the free access provided by the Federal Government for all students for interest-free loans would soon be altered as certain courses are likely to be barred from taking the loan.
19 Dec
The National Association of Nigerian Students (NANS) has urged the Federal Government to follow up on the loans disbursed to students by the Nigeria Education Loan Fund (NELFUND) to ensure that it is channeled towards the right cause.
12 Nov
As Nigerian students celebrate the introduction of the Federal Government’s student loan programme, their joy may be short-lived as public tertiary institutions may once again increase tuition fees.
4 Nov
Nigerian Education Loan Fund (NELFUND) has said it will help beneficiaries of the Federal Government students’ loan programme
10 Oct
Barely six months into the take-off of the Nigerian students’ loan scheme initiative of President Bola Tinubu, it is not entirely surprising that the recipients are already seeking a 100 per cent increase in the disbursement.
12 Sep
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…
7 Sep
Students of Moshood Abiola Polytechnic (MAPOLY) in Abeokuta have started receiving credit alerts from the banks for the student loans they applied for, the institution’s Rector, Dr Adeoye Odedeji, says. READ ALSO:MAPOLY students protest hike in fees Odedeji disclosed this on Friday in Abeokuta during the inauguration of newly elected members of the institution’s…
31 Aug
Students from Kano, Borno, and Benue states have taken the lead in NELFUND student loan applications, indicating a high demand for educati
14 Aug
The Federal Government has injected an additional N50 billion into the student loan programme, bringing the total funds available for 2024 to a record N100 billion. This comes as the National Association of Nigerian Students (NANS) has expressed concern over poor sensitisation of the scheme. The Guardian reports that while the government budgeted the sum…
14 Aug
The Nigerian Education Loan Fund (NELFUND) has announced that students enrolled in an additional 22 state-owned tertiary institutions can now apply for student loans through its online portal. NELFUND said the decision follows a review by the Student Verification System committee. It noted that students at the newly approved institutions can submit loan applications on…
12 Aug
The management of the University of Ibadan has announced that students who are beneficiaries of the Nigerian Education Loan Fund (NELFUND) and have already paid session fees are entitled to a refund. The University of Ibadan made the announcement in a statement on Monday and confirmed that NELFUND has remitted N201,114,650.00 to the university's account…
13 Jun 2024
The Nigerian Education Loan Fund (NELFUND) said it will publish the full list of tertiary institutions that uploaded their complete student data onto the agency's Student Verification System (SVS) portal on June 24. This, it said, would affect both federal and state tertiary institutions. In a statement by the agency on Thursday in Abuja, it…