The Nigerian Education Loan Fund has announced the clearance of student loans across 108 government institutions throughout Nigeria. This update was shared via the official NELFUND page on X.
In a statement, NELFUND emphasized its dedication to broadening educational access, stating, “The inclusion of these 22 new institutions underscores our commitment to ensuring that financial obstacles do not hinder academic advancement.”
The latest expansion adds 22 institutions to the roster, following a previous clearance of 86 state-owned institutions. This brings the total number of cleared institutions to 108, enabling their students to apply for NELFUND loans. The expansion follows a review by the Student Verification System committee.
The newly approved institutions are:
1. Abia State University, Uturu
2. College of Education, Nsugbe
3. Chukwuemeka Odumegwu Ojukwu University
4. Delta State University, Abraka
5. Delta State Polytechnic, Otefe-Oghara
6. Ekiti State Polytechnic, Isan-Ekiti
7. Kogi State University, Kabba
8. Prince Abubakar Audu University
9. Kwara State University
10. Kwara State College of Health Technology
11. Abdulkadir Kure University, Minna
12. Ogun State College of Health Technology, Ilese-Ijebu
13. Moshood Abiola Polytechnic
14. Emmanuel Alayande University of Education, Oyo
15. The Polytechnic, Ibadan
16. The Oke Ogun Polytechnic, Saki
17. Rivers State University, Port Harcourt
18. Kenule Beeson Saro-Wiwa Polytechnic
19. Shehu Sule College of Nursing and Midwifery, Damaturu
20. College of Administration, Management and Technology, Potiskum
21. College of Agriculture, Science & Technology, Gujba
22. College of Education Legal Studies, Nguru
Students from these institutions can now apply for loans via the NELFUND portal at [http://nelf.gov.ng](http://nelf.gov.ng).
Some of the previously approved institutions include Abia State Polytechnic, Adamawa State University Mubi, and Akwa Ibom State University.
President Bola Tinubu introduced the student loan policy in June 2023 to eliminate financial barriers and enhance accessibility to education for all Nigerian students, regardless of their economic background.
Additionally, the Economic and Financial Crimes Commission (EFCC) has allocated N50 billion from recovered assets to NELFUND to support the student loan initiative. EFCC Chairman Ola Olukoyede commended the program, highlighting its role in mitigating corruption and financial crime by easing the burden on families.
NELFUND has also begun distributing N20,000 monthly stipends to beneficiaries, with 20,371 students from six tertiary institutions receiving their July payments.
