NELFUND
NELFUND disburses N9.2m student loans to 245 beneficiaries at Benue Poly
The Nigeria Education Loan Fund, NELFUND, has recently distributed loans amounting to N9,235,000 to 245 students attending Akperan Orshi Polytechnic, Yandev in Benue State. These loans are designed to provide targeted financial support to educational institutions and their students. In a statement shared on the social media platform X on Sunday, NELFUND reaffirmed its commitment […]
Top 12 Universities With NELFUND Application
WHERE STUDENT LOAN APPLICATIONS ARE COMING FROM Number of applicants who have applied for loan by institution By Applicants1 ⚫University of Maiduguri — 31,6432 🔴Bayero University — 22,8913 🔴Federal University, Dutsin-Ma — 21,4934 🔴Ahmadu Bello University — 18,1115 🔴Usmanu Danfodiyo University — 15,4586 🟠University of Jos — 14,1847 ⚫Federal University, Kashere — 12,0838 🔴Federal University, […]
Nursing College urges new students to apply for NELFUND loan
The Oyo State College of Nursing Sciences has urged all fresh intakes to apply for the student loan from the Nigerian Education Loan Fund (NELFUND). Speaking with the new intakes at the college over the weekend, the Provost, Dr. Gbonjubola Owolabi, disclosed that the federal government, through NELFUND provided student loans. Owolabi said the loan […]
NELFUND: We’ve started receiving bank alerts for our students’ loans — Rector
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. Odedeji disclosed this on Friday in Abeokuta during the inauguration of newly elected members of the institution’s Students Union Government (SUG). The Rector explained that […]
Ex-lawmaker repays N3.2m student loan taken in 1970s
A former member of the House of Representatives, Lanre Laoshe, has repaid his N1,200 student loan received between 1976 and 1979 with N3,189,217.00 to the Nigerian Education Loan Fund, a statement by NELFUND said on Tuesday. Laoshe, according to the statement signed by Nasir Ayitogo of the communications department who benefited from the defunct Federal […]
Loans: NELFUND disburses N1.72bn for 20,000 students’ fees
The Nigerian Education Loan Fund, NELFUND, says it has disbursed over N1.72 billion as loans to 20,000 students in five tertiary institutions. He added that an additional N850 million would be disbursed before the close of work on Wednesday to another institution, bringing the total disbursed amount to tertiary institutions to N2.5 billion. The Fund […]
FULL LIST: 12 more state-owned tertiary institutions submit data to NELFUND
The Nigerian Education Loan Fund (NELFUND) has announced the inclusion of 12 additional state-owned tertiary institutions eligible for student loan applications, effective Wednesday, July 10, 2024. This announcement was made in a statement signed by NELFUND spokesperson Nasir Ayitogo on Wednesday. Ayitogo stated that the expansion follows the successful submission and verification of required data […]
BREAKING: NELFUND postpones student loan application for state-owned institutions
The Management of Nigerian Education Loan Fund on Tuesday announced a 14-day postponement of the application process for student loan for state institutions due” to low data submissions,” a statement by the agency said in Abuja. The Fund said the decision was necessitated by the failure of several state-owned institutions to upload the required student […]
Student loan: NELFUND to publish institutions with complete data June 24
The Nigerian Education Loan Fund (NELFUND) has announced that it will publish the full list of institutions that have submitted their complete student data on June 24, 2024. This move aims to ensure transparency and encourage participation in the scheme by both undergraduate applicants and tertiary institutions. According to NELFUND, many federal institutions have already […]
Just In: Tinubu Appoints Jim Ovia as Education Loan Fund Chairman
President Bola Tinubu has approved the appointment of Mr. Jim Ovia as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND). A statement issued on Friday by Ajuri Ngelale, Special Adviser to the President (Media & Publicity) described him as renowned banker, businessman, the founder of one of Nigeria’s leading banks and […]