NELFUND Disburses Over ₦11 Billion in Student Loans to 105,844 Students Across Nigeria

This loan initiative aims to provide vital financial support for students, enabling them to pursue their academic goals without financial hindrance.

NELFUND Disburses Over ₦11 Billion in Student Loans to 105,844 Students Across Nigeria

The National Education Loan Fund (NELFUND) has disbursed a total of ₦11,047,793,949.80 in student loans, benefiting 105,844 students across 98 institutions nationwide. This loan initiative aims to provide vital financial support for students, enabling them to pursue their academic goals without financial hindrance.

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Institutions from all geo-political zones are now participating in the loan program, marking significant progress in extending educational opportunities to students throughout Nigeria. By easing the financial burden, NELFUND’s support is helping to create a more inclusive educational landscape.

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Through this substantial disbursement, NELFUND reaffirms its commitment to empowering students and supporting their academic journeys, ensuring they have the resources needed to achieve their educational aspirations.