Edu News

Groups of people banned from receiving student loans (Full List)

Nigerians have praised President Bola Tinubu since he signed the Students Loan Bill into law, a provision that is supposed to assist impoverished students in accessing higher education.

In this article, five categories of people ruled ineligible for the loan are highlighted.

Below is the list of persons who are not eligible for the loan:

1. Applicant who has been proven to have defaulted in respect of any previous loan granted by any organisation.

2. Applicant found guilty of exam malpractice by any school authority.

3. Applicant with a criminal record of felony or any offense involving dishonesty or fraud.

4. Anyone who has been convicted of drug offenses

5. Applicants whose parents (father or mother) have defaulted in respect of student loan or any loan granted to him or her.

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