FULOKOJA Among 126 Institutions Approved by NELFUND for Student Loan Scheme

Federal University, Lokoja is among 126 federal institutions approved for the Federal Government's Student Loan Scheme, supporting 1.2 million students.

FULOKOJA Among 126 Institutions Approved by NELFUND for Student Loan Scheme

The Federal University, Lokoja is among the 126 institutions approved for the Federal Government's Student Loan Scheme, according to the Nigerian Education Loan Fund (NELFUND). This initial phase of the scheme is designed to support 1.2 million students across federal universities, polytechnics, colleges of education, and technical colleges.

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The Federal University, Lokoja, a notable member of the federal tertiary institutions, is set to benefit from this landmark initiative aimed at alleviating financial burdens on students. The announcement came following a comprehensive review by Myschoolnews, which highlighted the inclusion of various federal institutions in the first phase of the student loan program.

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This phase will focus on federal government-owned institutions, with a subsequent announcement expected for beneficiaries from state-owned tertiary institutions. The initiative represents a significant step towards improving access to higher education by providing financial assistance to students who need it most.

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For further updates and detailed information on the full list of approved institutions and the loan application process, students are encouraged to visit the official NELFUND website and stay tuned to Myschoolnews.