Tag: NELFUND

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…

NELFUND Disburses N20bn to 192,906 Students, Clarifies Disbursement Reports

 NELFUND has disbursed over N20 billion in institutional fees to tertiary institutions nationwide.  The fund has benefited 192,906 students, with an additional N12 billion disbursed as stipends to 169,114 students.…

UNILORIN Disburses ₦372.28 Million in Loans to 2,973 Students

The University of Ilorin has disbursed ₦372.28 million in loans to 2,973 students through the Nigerian Education Loan Fund (NELFUND). The university received two tranches of the loan, with ₦52,879,000…