Edu News

NELFUND supports 396,252 students with ₦73.2bn interest-free loans

Fadiran Ifeloluwa July 18, 2025

In its first year of operation, the Nigerian Education Loan Fund (NELFUND) has disbursed over ₦73.2 billion in interest-free loans to 396,252 students across all 36 states and the Federal Capital Territory. This achievement was announced on Thursday during a press briefing in Abuja by the

Edu News

NELFUND Resumes Upkeep Payments to Over 3,600 Students

Fadiran Ifeloluwa July 11, 2025

The Nigerian Education Loan Fund (NELFUND) has announced the successful resumption of upkeep payments to student beneficiaries who updated their bank details from digital wallet platforms to commercial bank accounts. Mrs. Oseyemi Oluwatuyi, Director of Strategic Communications at NELFUND, made this known in a statement on Friday in Abuja, describing the development as a

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

Tertiary institutions

75 students benefit from NELFUND in Oyo College of Nursing

Angel Ojonugwa April 4, 2025

IBADAN (Sundiata Scholar) – Seventy-five students of Oyo State College of Nursing, Eleyele, Ibadan, have benefitted from the Nigerian Education Loan Fund (NELFUND). This is contained in a statement issued on Friday by the Oyo State Commissioner for Information and Civic Orientation, Dotun Oyelade. According to the statement, 78 students of the college applied for