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NELFUND adds 12 new state-owned institutions to student loan scheme

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The Nigerian Education Loan Fund (NELFUND) announced on Wednesday that it has expanded its student loan programme to include 12 additional state-owned tertiary institutions.

Mr. Nasir Ayitogo, Head of Media and Public Relations at NELFUND, said in a statement that a thorough review and confirmation of their data submissions led to the inclusion of the 12 state-owned tertiary institutions in the student loan programme.

The statement reads: “With this latest addition, the total number of participating state government-owned tertiary institutions has now increased from the initial 36 announced earlier to 48. Students’ data from 121 institutions is outstanding.”

NELFUND urged all institutions that haven’t yet submitted their students’ data to the Student Verification Portal to do so promptly, enabling their students to access the loan scheme.

It also called on states that have already uploaded their data to promptly inform their students to apply, providing financial relief to those in need and generating revenue for the institutions.

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