Tag
STUDENT LOAN
The Nigerian Education Loan Fund (NELFUND) has announced that its application portal for the 2024/2025 academic session will officially close on Tuesday, September 30, 2025.
The Nigerian Education Loan Fund (NELFUND) has announced a new policy stating that upkeep loan disbursements will now strictly follow the academic session of each institution.
The Nigerian Education Loan Fund (NELFUND) has clarified the eligibility criteria for the scheme, explaining why students pursuing post-graduate programmes are not qualified to apply for the facility.
The Nigerian Education Loan Fund (NELFUND) has assured students that beneficiaries of the student loan scheme will not be restricted from travelling abroad after graduation.
The federal government has put forward amendments to the Tertiary Education Trust Fund (TETFUND) Act, proposing that 30% of its allocations from the Federation Account be redirected to fund the Nigerian Education Loan Fund (NELFUND).
The National Universities Commission (NUC) has disclosed that Nigeria's higher education system is grappling with a significant capacity issue, as the country’s universities can only accommodate 700,000 students out of the two million applicants seeking admission annually.
The National Association of Nigerian Students (NANS) is advocating for a significant boost in student loans from N20,000 to N40,000 in response to the recent increase in fuel prices.
NELFUND has disbursed student loans to 40 additional Nigerian institutions, with 5 located in the Eastern region, bringing the total number of beneficiary institutions to 59.
Following the launch of Nigerian Education Loan Fund (NELFUND) in July, this piece features top ten Nigerian states where students applied more.
Students from Kano and Borno States have emerged as the frontrunners in the NELFUND student loan applications.
The Nigerian Education Loan Fund (NELFUND) has announced that Lanre Laoshe, a former member of the House of Representatives, Hon. Lanre Laoshe, has repaid N3.18 million in student loan debt, 45 years after initially borrowing from the government.
The Nigeria Education Loan Fund (NELFUND) has announced that it has cleared students loans from 108 government institutions in the country.