Federal University Oye-Ekiti Receives N476.7 Million from NELFund

The Federal University Oye-Ekiti (FUOYE) has announced the successful disbursement of N476,747,500.00 from the Nigeria Education Loan Fund (NELFund) to support the education of 5,412 students.

This funding is part of the university's efforts to make educational opportunities accessible to all.

- N408,883,500.00: Disbursed to 4,735 students sanctioned for the 2024/2025 NELFund cycle.

- N67,864,000.00: Disbursed to 677 students, representing the balance of the 2023/2024 backlog beneficiaries.

The university remains committed to academic excellence, compassion, and determination, aligning with the Federal Government's vision of fostering a learning environment that enriches, empowers, and safeguards the integrity of all Nigerian students. The university urges all indigent and eligible students to seize the opportunity provided by the NELFund program, which is available 24/7 to promote equal educational opportunities .