Managing Director of NELFUND, Akintunde Sawyerr
Loan: Students will start receiving alerts next week – NELFUND
The Managing Director of the Nigerian Education Loan Fund (NELFUND), Akintunde Sawyerr, has announced that successful applicants will begin receiving loan disbursement alerts starting next week.
In an interview on Channels TV’s Politics Today, Sawyerr revealed that over 110,000 students have successfully applied for the loan. He noted that the funds would be disbursed only to students who have already commenced their academic sessions.
“Over 110,000 students have successfully applied for student loans and been verified eligible. We are conducting further verification to ensure they qualify for the loan. These students will likely start receiving disbursements next week,” Sawyerr stated.
READ ALSO:
He emphasized the difference between approval and disbursement, explaining that students whose academic sessions are about to start will be the first to receive the funds. “The first recipients of the alerts next week will be those beginning a new session in their institutions. Others will receive their funds as their sessions begin, which may be in a few weeks or months. Those who have already started their sessions or are about to start in the last few weeks will receive their funds starting next week,” he added.
Independence Bridge repairs: Sanwo-Olu urges Lagos residents to work remotely Babajide Sanwo-Olu, the governor of Lagos, said…
Chinese man found with fake diplomatic number plate in Lagos The Lagos State Police Command has taken a…
Akpabio to sue Natasha for alleged assassination attempt Senate President Godswill Akpabio has said he will…
Oyo PDP chieftain Adeojo dies, Makinde mourns Oyo State Governor, Seyi Makinde, has expressed deep sorrow…
Bayelsa govt gets court order to stop pro-Wike rally A High Court in Yenagoa, Bayelsa State, has…
Petitioners mobilise constituents for fresh Natasha’s recall Following the Independent National Electoral Commission’s (INEC) dismissal of…
