On June 12, 2023, President Bola Tinubu signed the Access to Higher Education Act, 2023 into law to enable indigent students to access interest-free loans for their educational pursuits in any Nigerian tertiary institution.
Managing Director of NELFUND, Akintunde Sawyerr
State varsities’ students to benefit from FG’s loan scheme
The federal government said the students’ loan scheme will be made available to students of state universities.
The website of the student loan fund has received over 60,000 visitors since its launch, the Managing Director of the Nigerian Education Loan Fund, Akintunde Sawyerr, made this known during an ongoing press briefing in Abuja on Thursday.
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Sawyerr also noted that over 90% of federal institutions have submitted the list of students, noting that only two federal universities and two federal polytechnics are yet to do so.
Sawyerr also noted that the scheme will be made available to students of state universities in the next three weeks.
On June 12, 2023, President Bola Tinubu signed the Access to Higher Education Act, 2023 into law to enable indigent students to access interest-free loans for their educational pursuits in any Nigerian tertiary institution.
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