The Nigeria Education Loan Fund (NELFUND) has announced that more than 500,000 students have applied for loans through its platform in just 11 months, underscoring the pressing demand for accessible student financing in the country. In a statement released by the agency’s Director of… Over 500,000 students applied for loans in 11 months …C0NTINUE READING … Read more
The Nigeria Education Loan Fund (NELFUND) has recorded over 500,000 applications for student loans through its portal within its first year of operation. Akintunde Sawyerr, the Managing Director/CEO of NELFUND, disclosed that this is a signal of hope for families across Nigeria and… NELFUND hits 500,000 student loan applications …C0NTINUE READING HERE >>>>
The Nigeria Education Loan Fund (NELFUND) has announced that in its inaugural year, more than 500,000 Nigerian students sought loans via the NELFUND portal. This milestone was reached within a mere 11 months of operation, highlighting the critical need for accessible student… Student Loan Applications Hits Over 500,000 …C0NTINUE READING HERE >>>>
The federal government has accused some universities of colluding with banks in unethical practices in the disbursement of student loan funds. The Director-General of the National Orientation Agency, NOA, Lanre Issa-Onilu, revealed this after meeting with the Managing Director… NELFund: Nigerian Govt accuses tertiary schools of colluding with banks …C0NTINUE READING HERE >>>>
The Federal Government has frowned at tertiary institutions for withholding funds paid into their accounts for students who applied for loans. Henzodaily reports that the National Orientation Agency (NOA) alleged that heads of tertiary institutions and banks conspired to… NELFUND: How Schools Are Shortchanging Students …C0NTINUE READING HERE >>>>
The Nigerian Education Loan Fund, NELFUND announced that it has disbursed a total of N45.1 billion in student loans across the country from its inception in May 2024 to 25th March 2025. NELFUND disclosed in the latest Student Loan Dashboard Update report as of March 26, 2025,… Nigerian students get disbursement of N45.1bn loan in … Read more