NELFUND: ₦322.69 BILLION DISBURSED TO OVER 1.6 MILLION STUDENT-LOAN APPLICANTS
For Nigerian students struggling with the rising cost of tertiary education, student loans remain one of the biggest educational conversations in the country.
The Nigerian Education Loan Fund, NELFUND, says it has disbursed ₦322.69 billion under its student-loan programme, with more than 1.66 million applicants benefiting.
The development comes at a time when many Nigerian families are finding it increasingly difficult to cover tuition and other educational expenses.
For students, the programme could provide an additional source of financial support for pursuing higher education.
But questions remain. Students continue to discuss issues such as who qualifies, how applications are processed, upkeep support and how beneficiaries will repay their loans after graduation.
As the cost of education continues to be a major concern, the student-loan programme will remain an important issue on campuses across Nigeria.
For Nigerian students struggling with the rising cost of tertiary education, student loans remain one of the biggest educational conversations in the country.
The Nigerian Education Loan Fund, NELFUND, says it has disbursed ₦322.69 billion under its student-loan programme, with more than 1.66 million applicants benefiting.
The development comes at a time when many Nigerian families are finding it increasingly difficult to cover tuition and other educational expenses.
For students, the programme could provide an additional source of financial support for pursuing higher education.
But questions remain. Students continue to discuss issues such as who qualifies, how applications are processed, upkeep support and how beneficiaries will repay their loans after graduation.
As the cost of education continues to be a major concern, the student-loan programme will remain an important issue on campuses across Nigeria.
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