The Nigerian Education Loan Fund (NELFUND) has approved student loans for successful applicants from selected tertiary institutions. This decision, made during NELFUND's inaugural board meeting chaired by Jim Ovia, marks a significant step in providing financial support to students. The loans aim to help students pursue their education without financial stress. Keep reading to learn more about the approval process, future initiatives, and how this affects students.
Are you a Nigerian student dreaming of furthering your education without the financial strain? The new Nigeria NELFUND Student Loan 2024 is here to make higher education more accessible. Whether you're at university, a polytechnic, or any other public tertiary institution, this programme is designed for you. Curious about how you can benefit? Read on to find out everything you need to know about applying and the favourable repayment terms.
Are you struggling to finance your education? Good news! The Federal Government has extended the student loan scheme to state institutions. With over 336 state tertiary institutions now eligible, this is the perfect opportunity for students to pursue their dreams without financial burdens. But how does one apply, and what does this mean for your future? Let's dive in and find out!
Are you a student in Nigeria looking for financial aid? Have you come across the 'Federal Study Loan' advertisement in the Punch newspaper? Before you click, NELFUND has issued a stark warning about verifying the legitimacy of websites claiming to offer these loans. Could this warning affect your plans to fund your education? Let’s uncover the truth behind these claims.
Have you heard the latest news? President Bola Tinubu has just appointed Jim Ovia, a powerhouse in Nigerian banking, as the Chairman of the Nigerian Education Loan Fund. What does this mean for the future of education in Nigeria? Let's dive in to find out how this could transform opportunities for countless Nigerian students.
Just when Nigerian students were ready to embrace the much-awaited Students Loan Scheme, an unexpected announcement has put everything on hold. Why has the Federal Government decided to postpone the launch indefinitely, and what are the implications for those counting on it? The scheme, which promised interest-free loans, was seen as a beacon of hope for many. However, with recent developments, questions and concerns are at an all-time high. What corrections are being made, and how will this affect the future of higher education financing in Nigeria?
President Bola Tinubu has signed the Access to Higher Education Act, 2023, also known as the Students Loan Act, paving the way for Nigerians to acquire tertiary education through interest-free loans. The Act establishes an Education Loan Fund, managed by an 11-person special committee, to facilitate the disbursement and recuperation of the loans. Eligibility is based on criteria including the applicants' income, institution type, and clean legal record. The Act emphasizes non-discrimination and equality in access to loans