NELFUND clears student loans for 108 govt institutions

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In a significant move to increase access to education, the Nigeria Education Loan Fund (NELFUND) has announced that it has cleared student loans for 108 government institutions across the country.

According to a statement on the company’s official X page, the addition of 22 new institutions to the existing 86 state-owned institutions brings the total number to 108, making their students eligible to apply for loans.

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NELFUND emphasized its commitment to making education accessible to a broader segment of the Nigerian population, stating, “Financial barriers should not impede academic progress.”

The expansion follows a review by the committee responsible for the Student Verification System, paving the way for more students to access financial assistance for their education. This development is expected to have a positive impact on the educational landscape in Nigeria.

Tags: NELFUND, NIGERIA, ASUU, SSANU, BOLA TINUBU, EDUCATION, STUDENT, LOANS, SENATE