National Open University Among 126 Institutions Approved for FG Student Loan Scheme
The National Open University is included in the Federal Government's student loan scheme, benefiting from the initial phase which covers 126 federal institutions.
The Nigerian Education Loan Fund (NELFUND) has released the full list of 126 institutions approved for the first phase of the Federal Government’s student loan scheme. This scheme is designed to assist 1.2 million students across federal government-owned universities, polytechnics, colleges of education, and technical colleges. Among the institutions included in this initial phase is the National Open University.
This inclusion is significant as it expands access to financial aid for students enrolled in open and distance learning programs.
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The full list of approved institutions comprises various federal higher education establishments, with details of beneficiaries from state-owned institutions to be announced in subsequent phases. Myschoolnews has compiled the list of the 126 federal institutions, which features:
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The student loan scheme aims to alleviate the financial burden on students and ensure that more individuals can complete their education without interruption. The initiative underscores the government's dedication to enhancing educational opportunities and providing financial support to those in need.
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Further updates on the loan application process and additional support for state-owned institutions will follow as the scheme progresses.