NELFUND Expands Student Loan Eligibility to 22 More State-Owned Tertiary Institutions

The Nigeria Education Loan Fund (NELFUND) has announced an important expansion of its student loan program, now including 22 additional state-owned tertiary institutions.

Lois Udoye Lois Udoye
Aug 14, 2024 - 23:42 Updated: Aug 14, 2024 - 23:43
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NELFUND Expands Student Loan Eligibility to 22 More State-Owned Tertiary Institutions

The Nigeria Education Loan Fund (NELFUND) has announced an important expansion of its student loan program, now including 22 additional state-owned tertiary institutions. This update brings the total number of eligible institutions to 108, following a comprehensive review by the Student Verification System committee.

Previously, 86 state-owned universities and colleges had been approved for the loan scheme. The recent addition of these 22 institutions aims to ease the financial challenges faced by students across Nigeria, enhancing their ability to pursue higher education.

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NELFUND's initiative is designed to provide much-needed financial support to students, making it easier for them to achieve their academic objectives without being hindered by financial constraints.

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Students interested in applying for loans can visit the NELFUND portal at nelf.gov.ng for detailed information on the application process and eligibility criteria. This development is a significant step towards creating a more equitable educational landscape in Nigeria.

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