NELFUND Disburses ₦752.9 Million Student Loan to 3,707 University of Delta Students

The University of Delta has announced the successful disbursement of student loan funds by the Nigeria Education Loan Fund (NELFUND), benefiting a total of 3,707 students for the 2025/2026 academic session.

According to the announcement, a cumulative sum of ₦752,906,800 was released under the scheme, with the disbursement executed in multiple tranches to ensure smooth and efficient crediting of beneficiaries.

The institution described the development as a major milestone in supporting student access to higher education, noting that the intervention reflects ongoing efforts to reduce financial barriers and improve educational inclusion across Nigerian tertiary institutions.

NELFUND’s initiative continues to expand its reach nationwide, with the student loan programme positioned as a key policy instrument aimed at improving access to quality tertiary education and easing the financial burden on students and their families.