Why we are not enthusiastic about students’ loan scheme — Undergraduates
The air around the Student Loan Act, signed by President Bola Ahmed Tinubu, remains unclear with many Nigerian students and parents perplexed as to what […]
Student Loan Scheme
NELFund disburses over N1.1 billion loans to 20,000 beneficiary students
The Nigerian Education Loan Fund (NELFUND) said Monday that it has disbursed a total of N1.17 billion to 20,000 students across five of the country’s […]
Tinubu launches student loan, says education is key to fighting poverty
On Wednesday in Abuja, President Bola Tinubu delivered cheques to the first batch of recipients of the Nigerian Education Loan Fund (NELFUND), also known as […]
126 federal institutions approved for student loans (Full List)
The student loan scheme started on Friday after multiple delays. However, just 126 federal institutions will benefit from the first phase of the initiative, which […]
Jim Ovia has been appointed to chair the Nigerian Education Loan Fund
President Bola Tinubu has approved the nomination of Mr. Jim Ovia, a well-known banker and businessman, as Chairman of the Board of the Nigerian Education […]
Obasanjo, Bells University VC request inclusion of private universities in Student Loan Scheme
Former President Olusegun Obasanjo and Prof. Jeremiah Ojediran, Vice Chancellor of Bells University of Technology in Ota, Ogun State, have asked the Federal Government to […]
We guarantee transparency and accountability with Student Loan Funds – NELFUND
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 […]
Student Loan Scheme set to launch with 1.2 million beneficiaries
The first group of beneficiaries of the Bola Ahmed Tinubu Administration’s Student Loan Scheme would include 1.2 million young Nigerians. The process of participation in […]
President Tinubu appoints management for the Nigerian Education Loan Fund
President Bola Tinubu has selected the management team for the Nigerian Education Loan Fund (NELFUND) in an effort to improve access to higher education and […]
Students Loan: Lawmaker assures Nigerian students of proper funding
Hon Gboyega Isiaka, Chairman of the House of Representatives Committee on Students Loans, has assured Nigerians that the Federal Government is committed to providing adequate […]
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 […]
Use the student loan programme to develop digital skills
The Director-General of the National Information Technology Development Agency (NITDA), Abdullahi Kashifu Inuwa, has encouraged the Nigeria Education Loan Fund (NELFUND) to prioritise short courses […]
NANS suggests five years after NYSC for student loan repayment
The National Association of Nigerian Students has stated that it is unrealistic to expect recipients of the Federal Government loan scheme to begin payback two […]
FG postpones launch of student loan scheme indefinitely
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 […]
Tinubu set to launch students loan scheme on Thursday
President Bola Tinubu will launch the Student Loan Scheme on Thursday, according to information released by the Presidency. This was revealed on Sunday by Ajuri […]
FG says student loan recovery will commence two years after NYSC
The Federal Government has declared that payments for the Nigeria Education Loan Scheme (NELFund) will commence two years after beneficiaries have completed the National Youth […]
Tinubu to launch the student loan scheme on Feb 21
President Bola Tinubu is scheduled to unveil the Student Loan Scheme at the State House in Abuja on February 21, barring any unanticipated conditions. The […]
Federal Government speaks on how student loan can be accessed
Federal Government’s student loan plan will be easy to apply for, according to officials. They said there will be no human contact and that everything […]
FG to use education tax to fund the student loan scheme
Yesterday, the Federal Government disclosed that, in partnership with the Federal Inland Revenue Service (FIRS), education taxes will be used to fund the Student Loan […]