FG Disburses N2.08bn NELFUND Loan to 20,919 North-West Undergraduates
₦2.08bn released under student loan scheme 20,919 undergraduates benefit in North-West FG extends support to farmers, water projects The Federal Government, through the Nigerian Education Loan Fund (NELFUND), has disbursed…
NELFUND Warns Universities Over Delays Blocking Student Loan Payments
Loan fund says slow verification is stalling disbursements nationwide Thousands of applicants unable to access tuition and upkeep funds Agency relocates headquarters to new Abuja office for efficiency The Nigerian…
FG says 396,000 students benefitted from NELFUND tuition loans under Tinubu
Loan scheme eases tuition burden for students nationwide. Kogi highlighted as host of multi-billion naira investments and projects. FG insists reforms and subsidy removal will drive long-term growth. The Federal…
NELFUND Lists Requirements to Apply For Students Loan
The Nigerian Education Loan Fund (NELFUND) has listed the key requirements for accessing student loans. These include the Unified Tertiary Matriculation Examination (UTME) registration number, National Identification Number (NIN), and…
NELFUND Receives N50bn Boost from EFCC for Student Loans
The Nigerian Education Loan Fund (NELFUND) has announced the receipt of N50 billion from the Economic and Financial Crimes Commission (EFCC) to enhance its student loan program, following President…
SAN Repays N2m Student Loan After 50 Years
Adegboyega Awomolo, a Senior Advocate of Nigeria (SAN), has repaid a N2 million student loan he borrowed 50 years ago to complete his law degree at the University of…
NELFUND Disburses N84.2 Billion to Over 258,000 Students
The Nigerian Education Loan Fund (NELFUND) has successfully disbursed a total of N84.2 billion to 258,943 students as part of a new initiative aimed at increasing access to higher education…
NELFUND Hits Major Milestone with N10bn Disbursed in Student Loans
The Nigerian Education Loan Fund (NELFUND) has successfully disbursed over N10 billion to students since its inception in August 2024, according to Managing Director Akintunde Sawyerr. Speaking at a meeting…
NELFUND Disburses N11 Billion, Benefits 90,000 Nigerian Students in Six Months
The Nigeria Education Loan Fund (NELFUND) has disbursed a total of N11 billion in the last six months, benefitting 90,000 students across the country, according to a recent disclosure. The…
NELFUND Disburses N116.2bn in Student Loans, Gets N58.4bn Budget Approval
NELFUND has disbursed N116.184 billion in student loans to 176,252 beneficiary institutions across the country as of January 1, 2025. Akintunde Sawyer disclosed that out of the disbursed amount, N37.7…