NELFUND: 12 more institutions onboarded for student loan

The management of the Nigerian Education Loan Fund on Wednesday said 12 state government-owned tertiary institutions have been onboarded to the student loan application pool.

A statement signed by the Head, Media and Public Relations of the Fund, Nasir Ayitogo, noted that the onboarding followed the successful submission and verification of data completeness.

“With this latest addition, the total number of participating state government-owned tertiary institutions has now increased from the initial 36 announced earlier to 48. Students’ data from 121 institutions is outstanding,” the statement read.

The Fund urged all institutions that are yet to submit their student’s data to the Student Verification Portal to do so to enable their students to benefit from the scheme.

It also called on states whose data has been captured and successfully uploaded to urgently sensitise their students to apply, thereby bringing succour to students who are struggling financially whilst also bringing guaranteed revenue to the institutions.