NELFUND Approves Loans and Stipends for 112 Uniabuja Students
Published Date:
Jan 13, 2025
Last Updated:
In a move to make education more accessible and comfortable for students, the Nigerian Education Loan Fund (NELFUND) has approved loans and stipends for 112 students. This initiative is in line with President Bola Ahmed Tinubu's promise to support education in Nigeria.
According to the Special Adviser to the President, Sunday DARE, a total of 13,002,200 naira will be disbursed to the approved applicants immediately. Students who are experiencing challenges in accessing their loans are advised to report to the relevant authorities promptly.
This development is part of NELFUND's ongoing efforts to provide financial assistance to students in need. The organization has been working tirelessly to ensure that eligible students receive their loans and stipends in a timely manner.
In related news, NELFUND has also announced the disbursement of July upkeep stipends to 20,371 students from six tertiary institutions. The organization has reassured students that every approved loan will be disbursed transparently and in a timely manner.