NELFUND
NELFUND gets 500,000 applications for student loans in 11 months
Over 500, 000 students applied for loans in 11 months, the Nigeria Education Loan Fund (NELFUND) has said.
The agency said that the figure indicates the critical need for accessible student financing in Nigeria.
The Director of Strategic Communications of the Agency, Mrs Oseyemi Oluwatuyi in a statement yesterday stated that the number of applicants highlights the widespread trust in NELFUND to democratise access to tertiary education.
The statement reads: “The Nigeria Education Loan Fund (NELFUND) has reached a remarkable milestone in its first year of operation: over 500,000 Nigerian students have now applied for student loans through the NELFUND portal.
READ ALSO:
“This milestone, achieved within just 11 months of operations, underscores the critical need for accessible student financing in Nigeria and highlights the widespread trust in NELFUND’s mission to democratize access to tertiary education.”
The agency also revealed that since the launch of the portal, students across the country have actively engaged with the application process for both institutional and upkeep loans, which demonstrate the relevance and urgency of the Fund’s efforts.
NELFUND, while stating its commitment to ensure transparency, accessibility, and efficiency as the process continues, called on all stakeholders to join in supporting the vision of equitable education for all.
Two Buses Carrying NYSC Prospective Corps Members Attacked, Passengers Abducted in Imo Families panic…
Bandits Kill Man, Abduct Wife, Children, Seven Others in Kaduna Community Suspected bandits have killed…
Nollywood Mourns as Actor Cjay Nwokafor Dies Suddenly The Nollywood industry has been thrown into…
Nigeria at 66: Peter Obi Laments Poverty, Insecurity, Says ‘Worst Place to Be Born’ Presidential…
Workers to Begin Nationwide Warning Strike Over Petrol Price, Wage Award Public servants across the…
Nigeria at 66: MURIC Urges Unity, Peace, Justice Ahead of 2027 Elections The Muslim Rights…