UNIBEN, OAU, others receive N2.9tn from NELFUND

The Nigerian Education Loan Fund has announced the disbursement of N2,946,927,155 in student loans to 27,667 students across 19 institutions nationwide. This update was shared on Friday via the Fund’s X handle under #NELFUND.

As of August 14, 2024, students from 22 state-owned tertiary institutions have been approved to apply for loans, increasing the total number of approved state institutions to 108.

Here is the breakdown of the approved loans:

  • University of Maiduguri: N589,001,500
  • University of Ibadan: N201,114,650
  • University of Ilorin: N52,897,890
  • University of Benin: N24,412,500
  • Federal University, Dutsin-Ma: N304,961,800
  • Bayero University, Kano: N853,775,000
  • Federal College of Education, Abeokuta: N1,945,700
  • Federal University of Technology, Minna: N62,928,600
  • Obafemi Awolowo University, Ile Ife: N50,414,000
  • Federal Polytechnic, Ilaro: N8,347,465
  • University of Lagos: N122,494,400
  • University of Jos: N209,320,000
  • Federal College of Education (Technical), Gusau: N15,600,200
  • Federal College of Education (Special), Oyo: N18,502,500
  • Federal University, Dutse: N207,106,000
  • Federal University, Birnin-Kebbi: N130,002,800
  • Modibbo Adama University, Adamawa: N83,837,850
  • Federal Polytechnic, Bauchi: N7,218,800
  • Federal Polytechnic, Mubi: N2,045,500
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