NELFUND Disburses N56.9bn to Nearly 300,000 Nigerian Students in One Year

In its first year of operation, the Nigerian Education Loan Fund (NELFUND) has distributed N56.85 billion to support 298,124 students with tuition and living costs across 198 institutions in Nigeria, following its launch on 24 May 2024. According to the latest updates from NELFUND, N30.179 billion has been allocated for tuition coverage, while N26.627 billion…

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NELFUND Disburses April Upkeep Payment To Students

The Nigerian Education Loan Fund (NELFUND) has commenced the disbursement of April 2025 upkeep payments to eligible student beneficiaries across the country. Mrs Oseyemi Oluwatuyi, Director, Strategic Communications in NELFUND disclosed this in a statement made available to newsmen in Abuja on Monday. Oluwatuyi said, while most payments had been successfully processed, a small number…

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