NELFUND Hits One Million Applicants Under Two years
The Nigerian Education Loan Fund has announced that the student loan scheme has recorded one million applications on its official portal, describing it as a significant stride in the renewed hope agenda since the start of President Bola Ahmed Tinubu’s administration. According to a Sunday statement signed by the Director, Strategic Communications, Oseyemi Oluwatuyi, Nigerian Education Loan Fund, it stated that the milestone comes barely one year after the programme’s launch on 24 May 2024, describing it as proof that the student loan initiative is gaining strong national traction and public trust. The statement further disclosed that the NELFUND team has disbured over ₦116bn to students across universities, polytechnics and colleges of education in Nigeria, covering institutional charges and upkeep allowances. The Managing Director of NELFUND, Akintunde Sawyerr, said the development reflects the impact of the President Bola Tinubu Renewed Hope policy drive on access to high...