NELFUND

Student Loan: NELFUND Investigates 34 Schools Over Refund Complaints

The Nigerian Education Loan Fund (NELFUND) has launched an investigation into 34 tertiary institutions over allegations that they failed to refund students who paid tuition fees before receiving support under the Federal Government’s student loan scheme. The agency said the probe followed complaints from beneficiaries who claimed their schools retained duplicate tuition payments after NELFUND…

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Anambra NELFund beneficiaries back Tinubu’s re-election, donate N10m

Beneficiaries of the Nigerian Education Loan Fund (NELFund) in Anambra State have endorsed President Bola Tinubu for a second term, donating N10.7 million towards his 2027 expression of interest form. The students made the presentation on Friday at Chukwuemeka Odumegwu Ojukwu University, Igbariam campus. According to the students, the gesture reflects appreciation for the impact…

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We’ve Disbursed ₦174bn in Student Loans to Over 800,000 Students — NELFUND MD

We’ve Disbursed ₦174bn in Student Loans to Over 800,000 Students — NELFUND MD

The Nigerian Education Loan Fund (NELFUND) launched its student loan program in May 2024. Since then the agency has disbursed ₦174 billion to over 800,000 students across 263 tertiary institutions. MD Akintunde Sawyerr announced this milestone during a recent update. Additionally, NELFUND focuses on supporting students in public institutions. The program helps cover tuition and…

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