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NELFUND Clears 22 More State-owned Institutions For Student Loan


22 more state-owned tertiary institutions have been cleared by the Nigerian Education Loan Fund (NELFUND) to apply for student loan.

 

 The Nigeria Education Loan Fund has announced that students from the following 22 state-owned tertiary institutions can now apply for loans on its portal: nelf.gov.ng

 

This followed a review by the committee responsibled for the Student Verification System. Prior to this, 86 state-owned institutions were cleared, bringing a total of 108 institutions whose students are now able to apply.

 

NELFUND is saddled with the responsibility of handling all loan requests, grants, disbursement, and recovery. The fund, according to the Access to Higher Education Act signed by President Tinubu, is to be funded from multiple streams and will engage in other productive activities.

 

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