NELFUND Disburses N58.85 Billion to Over 550,000 Students

NELFUND Disburses N58.85 Billion to Over 550,000 Students

NELFUND Disburses N58.85 Billion to Over 550,000 Students

The Nigerian Education Loan Fund (NELFUND) has disbursed N58.85 billion to cover tuition and upkeep fees for over 550,000 students across Nigeria. 

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This achievement comes within one year of the agency's establishment by President Bola Ahmed Tinubu on May 24, 2024.

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The fund's initiative aims to remove financial barriers to higher education, supporting students in pursuing their academic goals. The disbursement reflects the government's commitment to empowering Nigerian students through accessible education financing.