The Nigerian Education Loan Fund (NELFUND) has announced a significant milestone in its mission to provide financial assistance to students across the country. In a post on its official X (formerly Twitter) handle, NELFUND revealed that it has disbursed over N22 billion in student loans, benefiting more than 200,000 applicants.
This landmark achievement underscores the government’s commitment to expanding access to higher education, ensuring that financial constraints do not hinder students from pursuing their academic dreams.
Furthermore, NELFUND has officially opened applications for the 2024/2025 academic session, inviting eligible students to apply for funding. The move aligns with the administration’s broader agenda to improve educational opportunities and enhance human capital development in Nigeria.
With education being a key driver of national progress, the disbursement of these funds is expected to provide relief to thousands of students grappling with tuition fees and other academic expenses.
Applicants are encouraged to visit NELFUND’s official website for detailed guidelines on the application process, eligibility criteria, and necessary documentation.
Stay tuned for more updates on this unfolding development.