Edu News

NELFund Reports Receiving Over 1,800 Student Loan Requests Each Day

Fadiran Ifeloluwa May 7, 2025

The Nigerian Education Loan Fund (NELFund) has announced that more than 500,000 students are currently using its platform and benefiting from its loan program, with a daily average of 1,800 new loan requests. This update was shared by the Managing Director and Chief Executive Officer of

Tertiary institutions

NELFUND cautions against withholding students loan disbursement information

Angel Ojonugwa April 11, 2025

ABUJA (Sundiata Scholar) – The Managing Director, Nigerian Education Loan Fund (NELFUND), Akintunde Sawyerr, has issued a stern warning to institutions that failed to inform students of loan disbursements made on their behalf. Sawyerr stated this while addressing newsmen in Abuja on Thursday. He said some institutions still demand payment of institutional fees from

Edu News

NELFUND to launch software for students with disabilities

Fadiran Ifeloluwa March 18, 2025

The Nigerian Education Loan Fund (NELFUND) has revealed plans to introduce specialized software to ensure that students with disabilities in higher institutions can fully access and benefit from its loan scheme. The Managing Director and Chief Executive of NELFUND, Akintunde Sawyerr, announced this initiative during a stakeholders’ engagement on student loans held in Benin

Edu News

We guarantee transparency and accountability with Student Loan Funds – NELFUND

Fadiran Ifeloluwa April 18, 2024

Mr. Akintunde Sawyer, Managing Director/Chief Executive Officer of the Nigerian Education Loan Fund (NELFUND), has stated that the fund will be properly administered. The NELFUND executive emphasised that the fund is intended for indigent children who require unrestricted access to education. He stated that NELFUND will ensure that every kobo disbursed from the fund is

Edu News

FG postpones launch of student loan scheme indefinitely

Fadiran Ifeloluwa March 13, 2024

The Federal Government has postponed the commencement of the Nigerian Student Loan Scheme indefinitely. The Executive Secretary of the Nigerian Education Loan Fund (NELFUND), Akintunde Sawyer, claimed this in an interview with ARISE NEWS. According to Sawyer, the loan, which was originally scheduled to start on Thursday, has been postponed again due to certain