NELFUND Clarifies Misinformation Regarding Student Loan Scheme
In a press statement released on Tuesday, May 21 and signed by Nasir Ayitogo, NELFUND's Head of Media and Public Relations, the Body emphasized that the student loan program extends to both Federal and State Universities.
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In response to circulating misinformation, the Nigerian Education Loan Fund (NELFUND) has addressed and clarified the inclusion of state-owned institutions in its student loan scheme.
In a press statement released on Tuesday, May 21 and signed by Nasir Ayitogo, NELFUND's Head of Media and Public Relations, the Body emphasized that the student loan program extends to both Federal and State Universities.
The Press release read “The management of Nigerian Education Loan Fund (NELFUND) has noticed the publication of misleading narratives on social media claiming that the student loan programme is solely for federal institutions. NELFUND categorically states that this information is incorrect. State institutions are unequivocally included in our student loan programme by law.”
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It further explained that the program will be implemented in phases, with the first phase prioritizing students in Federal institutions. Subsequent phases will extend the program to students in state institutions. “The program is designed to roll out in phases in order to ensure effective and efficient management of the process. The first phase, for a start, will focus on students attending federal institutions. The second phase, which will be launched shortly after the initial rollout, will extend the program to students at state institutions.”
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NELFUND reaffirms its commitment to providing financial support to all eligible students, regardless of whether they attend Federal or State tertiary public institutions.
