NELFUND

NELFUND Set to Disburse Student Loans Next Week for Over 110000 Nigerian Students

Exciting news for Nigerian students as NELFUND prepares to distribute student loans to over 110000 beneficiaries next week!

NELFUND, the Nigerian Education Loan Fund, is gearing up to disburse student loans to tertiary institution students who have successfully applied for the Federal Government's loan scheme. Over 110,000 individuals have already applied for the program, with a higher number from the Northern region. The Managing Director of NELFUND, Akintunde Sawyerr, revealed that students from the South were initially skeptical about accessing the Federal Government's student loans.

Students who have applied and are starting new academic sessions will receive their loan disbursements next week. The President of Nigeria expressed his commitment to ensuring the success of NELFUND and making higher education accessible to underprivileged Nigerian students. With the focus on equity and inclusiveness, NELFUND aims to support the dreams of students seeking higher education.

In exciting news, NELFUND will begin distributing credit alerts to the 110,000 successful beneficiaries of the student loan scheme next week. The program will positively impact students across Nigeria and alleviate the financial burden of pursuing education. This initiative marks a significant step towards promoting educational opportunities and empowering the youth of the nation.