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Tag: NELFUND

NELFUND to launch vocational loan scheme in Enugu by July
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Over 510,000 students benefit from loan scheme since launch — NELFUND

The Nigerian Education Loan Fund has announced that over 510,000 students have benefited from the Federal Government’s Student Loan Initiative, with a total of ₦99.5 billion disbursed since the scheme’s launch on May 24, 2024. According to the Student Loan Disbursement Daily Status Report released on September 27, 2025, NELFUND has received 835,360 applications since […]

News

NELFUND disburses N57bn in loans to 298,124 students

The Nigerian Education Loan Fund has disbursed approximately N56.85 billion in loans to support tuition fees and provide upkeep allowances for 298,124 students across 198 tertiary institutions nationwide within one year. Launched on May 24, 2024, by President Bola Tinubu’s administration, NELFUND aims to empower Nigerian students by removing financial barriers to higher education. In […]

NELFUND to launch vocational loan scheme in Enugu by July
News

NELFUND to launch vocational loan scheme in Enugu by July

The Nigerian Education Loan Fund has announced plans to extend its student loan scheme to include vocational and skills acquisition centres across the country, with Enugu State selected as the launch point. The rollout is expected to begin between late June and mid-July. The announcement was made during a strategic sensitisation tour in Enugu, attended […]

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NELFUND addresses concerns over southeast student’s loan exclusion

The Nigerian Education Loan Fund has addressed concerns regarding the absence of students from South-East institutions in its recent loan disbursements. According to NELFUND, no higher education institutions from the South-East have responded to its requests for student verification, which is necessary for loan processing. In response to criticisms following the release of a list […]

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