NELFUND Warns Institutions Against Withholding Student Loan Refunds, Arbitrary Fee Hikes - Newstrends
Connect with us

Education

NELFUND Warns Institutions Against Withholding Student Loan Refunds, Arbitrary Fee Hikes

Published

on

NELFUND Loan: How Parents Can Stop Children from Collecting School Fees Twice

NELFUND Warns Institutions Against Withholding Student Loan Refunds, Arbitrary Fee Hikes

The Nigerian Education Loan Fund (NELFUND) has warned tertiary institutions across Nigeria against withholding student loan refunds due to beneficiaries or using the student loan scheme as a basis for increasing tuition and other institutional fees.

The agency said institutions that have already received tuition payments on behalf of students who had previously paid their fees must promptly refund the affected students. It stressed that failure to do so undermines the objectives of the student loan programme and places unnecessary financial burdens on beneficiaries.

NELFUND also cautioned school authorities against introducing arbitrary fee increases or exploiting the loan scheme to impose additional charges on students, noting that the programme was created to improve access to higher education rather than justify higher education costs.

According to the fund, reports of delayed refunds and unexplained fee adjustments by some institutions have raised concerns, prompting the warning. It urged all participating institutions to comply with the operational guidelines governing the scheme and ensure transparency in the management of students’ financial obligations.

READ ALSO:

The agency reiterated its commitment to protecting the interests of beneficiaries and maintaining the integrity of the student loan programme. It added that institutions found violating the guidelines could face appropriate sanctions in line with applicable regulations.

NELFUND encouraged students who experience difficulties in obtaining refunds or who suspect irregularities in the implementation of the loan scheme to report such cases through its official complaint channels for prompt investigation and resolution.

The fund reaffirmed that the student loan initiative is designed to ease the financial burden on students and expand access to quality tertiary education, urging all stakeholders to support its successful implementation through accountability and strict compliance with established procedures.

 

NELFUND Warns Institutions Against Withholding Student Loan Refunds, Arbitrary Fee Hikes

Loading

Education

FG Debunks Viral Claims Of 2,000 Universities, 100 Fake Professors In Nigeria

Published

on

FG Releases Eight-Month CATA Allowance to Lecturers Across Federal Tertiary Institutions

FG Debunks Viral Claims Of 2,000 Universities, 100 Fake Professors In Nigeria

The Federal Government has dismissed viral reports claiming that Nigeria has about 2,000 universities and that the National Universities Commission (NUC) recently uncovered 100 fake professors, describing the allegations as fabricated information designed to undermine confidence in the country’s university system.

Education Minister, Dr Tunji Alausa, said the NUC neither made the alleged declarations nor published, endorsed or authenticated the list of individuals currently circulating on social media.

The clarification was contained in a statement issued on Saturday, November 14, 2026, by the Federal Ministry of Education through its Director of Press and Public Relations, Boriowo Folasade.

The minister explained that the allegation concerning the purported 100 fake professors originated from a media report published on December 3, 2019, which discussed an NUC exercise to verify the directory of full professors in Nigerian universities.

According to him, the original report did not contain the names currently being circulated online. He added that the commission had already disowned the purported list and never authenticated it.

The ministry also rejected claims that Nigeria has 2,000 universities, insisting that the NUC had never announced such a figure.

READ ALSO:

The Federal Government expressed concern that the repeated circulation of the claims could damage the reputation of Nigerian universities and undermine ongoing efforts to improve standards in the country’s higher education sector.

It consequently urged journalists, social media users and members of the public to verify information before sharing reports concerning recognised universities, academic qualifications and the integrity of the university system.

The ministry advised Nigerians to consult the NUC’s official communication channels for accurate information about accredited institutions and regulatory decisions.

It further reaffirmed the Federal Government’s commitment to supporting the commission in safeguarding academic integrity, strengthening quality assurance and protecting the international reputation of Nigeria’s university education system.

FG Debunks Viral Claims Of 2,000 Universities, 100 Fake Professors In Nigeria

Loading

Continue Reading

Education

Agunbiade Celebrates Wife, Raheem Adepeju, on M.Ed. Graduation from University of Ibadan

Published

on

Agunbiade Celebrates Wife, Raheem Adepeju, on M.Ed. Graduation from University of Ibadan
Agunbiade Celebrates Wife, Raheem Adepeju, on M.Ed. Graduation from University of Ibadan

Mallam Ibrahim Agunbiade has celebrated his wife, Mrs Raheem Adijat Adepeju, following her successful completion of a Master of Education (M.Ed.) degree in Human Kinetics at the University of Ibadan, Oyo State.

Agunbiade described the academic achievement as a major milestone in his wife’s educational journey, praising her dedication, resilience, intelligence and commitment to personal development.

In a congratulatory tribute, he described Adepeju as a woman of grace and excellence whose latest qualification reflected years of hard work, discipline and sacrifice.

He traced her academic journey from Abeokuta, Ogun State, where she obtained her National Certificate in Education (NCE), to the University of Ilorin, where she earned a Bachelor of Science in Education (B.Sc. Ed.), and finally to the University of Ibadan, where she completed her master’s degree.

According to him, the progression through the three institutions demonstrated her determination to pursue higher education and achieve her professional aspirations.

Agunbiade said his wife’s accomplishment went beyond the acquisition of another academic qualification, describing it as evidence of her perseverance and willingness to overcome challenges in pursuit of excellence.

He also praised her humility, patience, strength and intelligence, saying her determination to fulfil her aspirations had continued to inspire him.

Expressing his happiness, Agunbiade said watching his wife grow academically and achieve her goals remained a source of pride and personal fulfilment.

READ ALSO:

He noted that while the University of Ibadan was celebrating another successful graduate, he was celebrating a remarkable woman, a loving wife and a blessing in his life.

He expressed confidence that the M.Ed. qualification would open new opportunities for Adepeju and provide a platform for greater contributions to education and society.

Agunbiade also offered prayers for Allah’s continued guidance and blessings upon his wife, asking that her newly acquired knowledge be beneficial to humanity and that she be granted greater opportunities, wisdom and success.

He further prayed for peace, love, understanding, prosperity and lasting happiness in their marriage and family.

Concluding his tribute, he reaffirmed his support for his wife’s ambitions and encouraged her to continue pursuing greater accomplishments.

“Congratulations, my Queen! Congratulations, my pride! Congratulations, my forever blessing! The journey continues, and I will always be your number-one cheerleader,” he said.

He urged Adepeju to keep reaching higher, breaking barriers and making positive contributions to society, expressing optimism that greater achievements lay ahead, by Allah’s permission.

Agunbiade Celebrates Wife, Raheem Adepeju, on M.Ed. Graduation from University of Ibadan

Loading

Continue Reading

Education

NELFUND Loan: How Parents Can Stop Children from Collecting School Fees Twice

Published

on

NELFUND Loan: How Parents Can Stop Children from Collecting School Fees Twice

NELFUND Loan: How Parents Can Stop Children from Collecting School Fees Twice

Parents and the National Association of Nigerian Students (NANS) have offered suggestions on how to prevent students from collecting money from their parents for tuition fees already covered by the Federal Government’s student loan scheme.

The recommendations followed concerns raised by the Nigerian Education Loan Fund (NELFUND) over alleged cases of beneficiaries collecting financial support from the agency while continuing to demand school fees from their parents without disclosing that their tuition had already been paid.

The practice, popularly described as double-dipping, has prompted calls for stronger verification, improved communication and greater transparency in the administration of the student loan programme.

NELFUND Managing Director, Akintunde Sawyerr, raised the concern during a media briefing in Abuja, where he announced plans to introduce new measures to prevent the misuse of the scheme and eliminate disputes arising from duplicate tuition payments.

Sawyerr said the fund had identified cases in which students benefited from NELFUND’s financial support but continued to rely on their parents to pay tuition fees already covered by the government.

He described the practice as unacceptable, warning that the agency would take steps to end it.

He also explained that some duplicate payments occurred because students were not promptly informed that NELFUND had already transferred their tuition fees to their institutions.

Consequently, some beneficiaries independently paid their school fees because they were unaware that the government-backed fund had settled the bills.

READ ALSO:

To address the problem, NELFUND is introducing a token-based payment system that will allow students to authorise tuition payments directly to their institutions through a mobile application.

Under the proposed arrangement, students will receive notifications when their approved loan funds are ready for payment and can authorise the transactions through their phones.

The money will be transferred directly to the designated institutions rather than being made available for withdrawal into students’ personal bank accounts.

Sawyerr said the arrangement would eliminate unnecessary refund complications and give beneficiaries better control over the payment process.

He stressed that the token system would prevent students from redirecting approved tuition funds to personal accounts or other institutions.

NELFUND is also planning a parental verification portal through which parents can check whether their children’s school fees have been paid under the loan scheme.

According to reports, the proposed platform will allow parents to use their children’s matriculation numbers to confirm payment status without necessarily accessing the specific amounts involved.

The initiative is expected to help parents establish whether tuition obligations have already been settled before making additional payments.

Meanwhile, NANS has welcomed the token payment arrangement, describing it as a measure capable of improving transparency, accountability and efficiency in the student loan programme.

The association’s Public Relations Officer, David Obidah, said the innovation could address problems associated with duplicate transactions, delayed payment confirmations and refund disputes.

READ ALSO:

He urged NELFUND to ensure that the system remained accessible and reliable, while calling on tertiary institutions to reconcile payments promptly, update students’ records and resolve discrepancies without unnecessary delays.

Obidah also emphasised the importance of proper communication between the fund, students, institutions and parents to prevent misunderstandings about tuition payments.

On the question of parental involvement, NANS has maintained that parents should be informed when their children apply for or receive student loans, but their consent should not become a compulsory condition for accessing the scheme.

The association argued that making parental approval mandatory could create unnecessary barriers for students whose parents are unavailable, financially incapable or unwilling to support their education.

It therefore favours a structured notification system through which parents and guardians can receive information about loan applications and approvals without having the power to determine whether eligible students can access the financial support.

Parents have also been advised to take a more active role in monitoring their children’s educational finances rather than making tuition payments without first confirming whether the students have benefited from NELFUND.

An official of the Federal Ministry of Information and National Orientation, Dr Helen Nsirim, had earlier advised parents to verify the list of NELFUND beneficiaries before paying their children’s school fees.

She warned that some students allegedly concealed their beneficiary status from their parents to continue collecting tuition money despite receiving government assistance.

Nsirim urged parents to check with their children’s institutions and use available NELFUND information channels to establish whether their fees had been covered.

She also called on NELFUND to improve transparency by making beneficiary information accessible through appropriate channels.

Beyond the recommendations, stakeholders have stressed the need for tertiary institutions to maintain accurate payment records and notify students promptly whenever tuition fees are received from NELFUND.

This is considered important because delays in updating institutional records can leave beneficiaries uncertain about their financial status and expose them to unnecessary duplicate payments.

NELFUND has also announced plans to organise re-education workshops across Nigeria’s six geopolitical zones to explain the revised payment procedures to students, parents and tertiary institutions.

The workshops are expected to address misunderstandings about institutional fees, upkeep allowances, payment confirmation and the responsibilities of different stakeholders.

The development comes as the Federal Government continues to expand its interest-free student loan programme, established under the Student Loans (Access to Higher Education) Act, 2024, to reduce financial barriers to tertiary education.

As of October 3, 2026, NELFUND had reported more than N372 billion in loan disbursements to beneficiaries across hundreds of tertiary institutions nationwide.

The growing scale of the programme has increased the need for effective monitoring, accurate financial records and stronger accountability mechanisms to ensure that public funds reach their intended beneficiaries.

While NELFUND’s proposed reforms are expected to address some of the challenges, their effectiveness will depend on timely implementation, cooperation from tertiary institutions and adequate communication with students and their families.

For parents, the immediate advice is to verify tuition payment status before paying school fees. Students, on their part, are expected to disclose their NELFUND beneficiary status and avoid collecting money for educational expenses already covered by the government.

NELFUND Loan: How Parents Can Stop Children from Collecting School Fees Twice

Loading

Continue Reading

Trending