NELFUND Disburses over ₦2.1 Billion in Student Loans to Kwara State University
NELFUND Disburses over ₦2.1 Billion in Student Loans to Kwara State University
UmarFarouk123 
The Nigerian Education Loan Fund (NELFUND) has announced the disbursement of ₦2,135,857,150 to Kwara State University (KWASU), Malete, for the 2025/2026 academic session.
The financial intervention provides direct tuition and institutional support for 11,434 students captured under the scheme.Institutional Financial Breakdown.
The funding initiative underscores the federal government's commitment to ensuring sustainable access to higher education through the national student loan scheme.
The metrics of the disbursement include:Total Amount Disbursed: ₦2,135,857,150Total Student Beneficiaries: 11,434Target Academic Period: 2025/2026 Academic SessionRelieving Financial Strain
The timely release of these funds is expected to ease the registration and tuition burdens for thousands of undergraduates at KWASU, preventing academic disruption due to financial constraints.University management has welcomed the initiative, noting that it will significantly boost student retention, enhance the timely payment of institutional fees, and provide a stable financial environment for the current academic calendar.
