NELFUND Pays School Fees for 1,370 University of Ibadan Students

The Nigerian Education Loan Fund (NELFUND) has paid the school fees for 1,370 students of the University of Ibadan (UI) for the 2023/2024 academic session. The Registrar of the university, G.O. Salisu, confirmed the remittance of N201 million for this purpose.

In a circular addressed to the Office of the Dean of Student Affairs on Friday, August 9, 2024, Salisu stated that students who had already paid their fees can apply for a refund. To do so, students must write through the Dean of Students to the Deputy Vice-Chancellor, Academic, providing their account details and attaching a photocopy of the original payment receipt.

The Bursary Department is currently processing the funds to enable the concerned students to obtain smart receipts.

Additionally, NELFUND has paid monthly stipends of N20,000 to 20,371 students from six tertiary institutions, including the University of Ilorin (UNILORIN), the University of Benin (UNIBEN), and UI. The director of finance of the Fund, Ibom Uche, announced that 55 more tertiary institutions will soon be added to the monthly stipends list.