NELFUND approves student loan access for 36 state-owned tertiary institutions

By Sodiq Adelakun

The Nigerian Education Loan Fund (NELFUND) has announced that students from 36 state-owned tertiary institutions can now access the federal government loan.

This comes after the management of these institutions successfully submitted their student data to the NELFUND Student Verification System (SVS).

In a statement on Sunday, NELFUND disclosed that the affected institutions have met the necessary requirements, paving the way for their students to benefit from the loan scheme.

The fund urged other state-owned tertiary institutions to submit their complete student data to the NELFUND Student Verification System in a timely manner to enable their students to access the loan.

The approved institutions include Adamawa State University, Ramat Polytechnic, Borno State University, and Mohammet Lawan College of Agriculture, among others. Also on the list are Edo State University, Ekiti State University, Gombe State University, and Kingsley Ozumba Mbadiwe University, Imo State.

Other institutions that made the list include Imo State University of Agriculture and Environmental Sciences, Nuhu Bamalli Polytechnic, Yusuf Maitama Sule University, and Umaru Musa Yar’adua University. Katsina State Institute of Technology and Management, Kebbi State University of Science and Technology, and Confluence University of Science and Technology, Kogi State, are also among the approved institutions.

Institutions from Osun State that made the list include Osun State University, UNIVERSITY OF ILESA, OSUN STATE, and several Government Technical Colleges (GTCs) in the state. Other institutions on the list include Taraba State University, Umar Suleiman College of Education, and Zamfara State University.

This, however, is a welcome relief for students from state-owned institutions who were initially excluded from accessing the loan.

NELFUND had previously announced a 14-day postponement of the application process for student loans for state institutions due to low data submissions.

With this approval, affected students can now access the loan to support their educational pursuits.

NewsDirect
NewsDirect
Articles: 50596