NELFUND Records One Million Applications, Disburses ₦116bn in Student Loans
NELFUND says over one million students apply for government-backed education loans since May 2024. ₦116 billion disbursed to cover tuition and upkeep for beneficiaries across tertiary institutions. Programme remains open…
NELFUND Opens Student Loan Portal for 2025/2026 Academic Session
The Nigerian Education Loan Fund (NELFUND) has opened its student loan application portal for the 2025/2026 academic session This is effective October 23, 2025, till January 31, 2026. Eligible applicants…
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…
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…
1.2 Million to Benefit as NELFUND Expands Students Loan Scheme
In an expand to the Student Loan, the Nigerian Education Loan Fund (NELFUND) has added 16 more state-owned tertiary institutions to its program, bringing the total number of registered institutions…
N850m loan released to students for school fees
The Nigerian Educational Loan Fund (NELFUND) has disbursed N850 million to tertiary institutions across the country for school fees, bringing the total amount disbursed to N2.55 billion. NELFUND Managing…
Former Rep Repays N1,200 Student Loan With N3.1m After 47 Years
A former member of the House of Representatives, Hon. Lanre Laoshe, has repaid a N1,200 student loan he received between 1976 and 1979 with a staggering N3,189,217. Laoshe,…
ASUU Rejects FG’s Student Loan Program
The Academic Staff Union of Universities (ASUU) has kicked against the federal government’s student loan program. Recall that the loan is being administered through the Nigerian Education Loan Fund. ASUU…
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…
Student Loan Should Be Repaid Two Years After NYSC – Sawyerr
The Nigeria Education Loan Fund's Executive Secretary, Akintunde Sawyerr has stated that beneficiaries of the Federal Government's student loan scheme will have to repay the loan within two years of…