The Nigerian Education Loan Fund (NELFUND) has announced the clearance of 22 additional state-owned tertiary institutions for student loan applications, bringing the total number of approved institutions to 108.
According to a statement posted on X, the clearance follows a review by the Student Verification System committee. This move is part of President Bola Tinubu's flagship project in the education sector, aimed at increasing access to higher education for indigent or low-income Nigerians.
The Access to Higher Education Act, signed into law by Tinubu just a month after his inauguration, established the Nigerian Education Loan Fund to handle loan requests, grants, disbursement, and recovery. The fund will be sourced from multiple streams and engage in other productive activities.
With this expansion, students from the newly cleared institutions can now apply for loans on the NELFUND portal. This development is expected to increase access to higher education and support the educational pursuits of Nigerian students.
The implementation of the student loan scheme is a significant step towards bridging the financial gap faced by many students in Nigeria, and NELFUND's expansion is a promising development in this direction.
The Newly cleared Institutions include the following:
1. Abia State University, Uturu
2. College of Education, Nsugbe
3. Chukwuemeka Odumegwu Ojukwu University
4. Delta State University, Abraka
5. Delta State Polytechnic, Otefe-Oghara
6. Ekiti State Polytechnic, Isan-Ekiti
7. Kogi State University, Kabba
8. Prince Abubakar Audu University
9. Kwara State University
10. Kwara State College of Health Technology
11. Abdulkadir Kure University, Minna
12. Ogun State College of Health Technology, Ilese-Ijebu
13. Moshood Abiola Polytechnic
14. Emmanuel Alayande University of Education, Oyo
15. The Polytechnic, Ibadan
16. The Oke Ogun Polytechnic, Saki
17. Rivers State University, Port Harcourt
18. Kenule Beeson Saro-Wiwa Polytechnic
19. Shehu Sule College of Nursing and Midwifery, Damaturu
20. College of Administration, Management and Technology, Potiskum
21. College of Agriculture, Science & Technology, Gujba
22. College of Education Legal Studies, Nguru
Some of the previously cleared institutions include Adamawa State University, Mubi, Adamawa State Politechnic, Yola, Abia State Polytechnic, College of Education Afaha Nsit, Akwa-Ibom State University, and others.
Interested Students can apply through this link: NELFUND
READ ALSO::kano-lawmaker-admits-receiving-n21m-monthly-as-take-home
