#NELFUND

The Nigerian Education Loan Fund (NELFUND) has called on student leaders across tertiary institutions to take ownership of the newly introduced interest-free education loan scheme. Speaking during a stakeholders’ engagement…

Federal Government has summoned the Vice Chancellors of Universities over alleged ttudent loan diversions, and deductions. As it becomes a matter of serious concern to the public while no single student has indicated receiving…

According to the ICPC, N71.2 billion out of the N100 billion designated for student loans is unaccounted for, as the ICPC invited the Director-General of the Budget Office, the AGF, and the Executive Director of NELFUND to provide…

....a major step forward in expanding access to higher education Abuja, Nigeria – April 2025 – The Nigeria Education Loan Fund (NELFUND) has reached a remarkable milestone in its first year of operation: over 500,000 Nigerian…

NOA and NELFUND have discovered that certain universities and banks are allegedly holding back student loans that have already been approved. According to LANRE ISSA-ONILU, the Director General of the National Orientation…

Recent investigations into the disbursement of the Federal Government Student Loan Fund have uncovered several unethical practices by some institutions of higher learning. According to the latest report by the Community Orientation and…

The Nigerian Education Loan Fund (NELFUND) has warned students against falling victim to fraudulent loan application websites. In a statement issued by its Director of Corporate Communications, Oseyemi Oluwatuyi, the Fund…

Academic Staff Union of Universities (ASUU) president, Emmanuel Victor Osedeke has urged President Bola Tinubu to device an alternative means of funding the Nigerian Education Loan Fund (NELFUND). In an interview with Channels…

The Nigeria Education loan fund has in the last six months disbursed about 11 billion naira to 90 thousand students across the country, to enable them access higher education. This came to light when the senate committee on…

The Nigerian Education Loan Fund (NELFUND) is pleased to announce that Hon. Lanre Laoshe, a former beneficiary of the Federal Government Student Loan Scheme, has graciously repaid his N1,200 student loan, received between 1976 and 1979,…