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The Vice-Chancellor of Prince Abubakar Audu University (PAAU), Anyigba, Prof. Salisu Usman, says 4,032 students have been approved for loans under the Nigerian Education Loan Fund (NELFUND).
The post Kogi varsity defends fee hike, cites NELFUND for 4,032 students appeared first on Vanguard News.
“This comment is based on our recognition that there are so many students out there who are double-dipping. They are taking from the NELFUND and still stressing their parents,” he said.
The post NELFUND moves to stop students collecting loans while parents pay fees appeared first on Vanguard News.
He said NELFUND was unique in every aspect, including the process of accessing it, the provision of a moratorium before repayment starts, and the percentage to be deducted when the repayment starts, saying that it was almost like a grant for education.
The post Nigeria’s NELFUND better than US, UK education loan models – UNIBEN VC appeared first on Vanguard News.
“The objective is not to encourage every student to borrow, but to ensure that every eligible Nigerian student who genuinely needs financial assistance has the opportunity to access it,” NELFUND said.
The post Student loans voluntary, not compulsory, NELFUND tells tertiary institutions appeared first on Vanguard News.
According to NELFUND, it has commenced engagement with the affected institutions and relevant authorities to ensure that all eligible students receive their refunds without further delay.
The post NELFUND cracks down on varsities over tuition refunds, fee hikes appeared first on Vanguard News.
The Nigerian Education Loan Fund (NELFUND) has said it had spent over N206 billion on students’ loans in 270 tertiary institutions nationwide. The agency said the disbursements were made within
The post NELFUND’s loans to students hit N206b appeared first on The Nation Newspaper.
By John Mkom, Jalingo The management of the College of Nursing and Midwifery, Jalingo, Taraba State, on Friday denied allegations of extorting ₦5,250 from students after the disbursement of the
The post Taraba College of Nursing debunks allegations of NELFUND extortion appeared first on The Nation Newspaper.
The Nigerian Education Loan Fund (NELFUND) has disbursed a total of ₦206.29 billion in student loans to 1,164,222 beneficiaries since the scheme’s launch, according to the fund’s Daily Status Report released as of March 9, 2026.
The post Over N206bn disbursed to 1.16 million students – NELFUND appeared first on Vanguard News.