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