Tag: student loan
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Student loan: NELFUND to close 2023/2024 application cycle
Nigerian Education Loan Fund (NELFUND) says it will close the 2023/2024 student loan application cycle on Feb. 21. Managing Director of NELFUND, Akintunde Sawyerr, who disclosed this at a news conference in Abuja on Monday, said the 2024/2025 application cycle would commence on Feb. 22.
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Step-by-Step procedures for student loan disbursement
Below is a comprehensive outline of the student loan application and disbursement process, highlighting the responsibilities of NELFUND, the educational institutions, and the students involved.
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Student loan: FG disburses N2.5bn institution fees to 12 schools
The Nigerian Education Loan Fund (NELFund), says it has disbursed more than N2.5 billion institution fees to 12 schools across the country. The Spokesman of the Fund, Nasir Ayitogo, in a statement on Friday in Abuja, said that 22,120 students benefited from the exercise.
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JUST IN: NELFUND postpones student loan application
The Management of Nigerian Education Loan Fund, NELFUND, on Tuesday announced a 14-day postponement of the application process for student loan for state institutions. In a statement, NELFUND said the decision was necessitated by the failure of several state-owned institutions to upload the required student data and fee information to the NELFUND Student Verification System.
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Student loan ‘ll curb undergraduates dropout – Minister
The Minister of State for Youth Development, Mr Ayodele Olawande, says that the student loan scheme is for youths to access interest-free facility for their educational pursuits in tertiary institutions. Olawande told NAN on Sunday in Abuja that it was
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BREAKING! Only applicants from federally owned institutions can access student loans – FG
Managing Director of NELFUND, Akintunde Sawyerr, has revealed that a maximum of 1.2 million students across federal tertiary institutions will access the students’ loans in its opening phase. Speaking ahead of the portal’s formal launch for applications on Friday, he stated that students enrolled in federal tertiary institutions whose institutions have finished uploading their data…
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Why private schools students are excluded from taking student loans – Lawmaker
A member of the House of Representatives, Isiaka Gboyega, has revealed why the government exempted students from private universities and other tertiary education from the student loan scheme because of the high cost of school fees in those schools.
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BREAKING: Senate passes Student Loan bill 2024
The Senate has passed the Student Loans Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024. The senate’s resolution followed its consideration of the report of the senate committee
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Student Loan: NANS appeals to House of Representatives for review
National Association of Nigerian Students (NANS) president, Usman Barambu has appealed to House of Representatives to amend the student loan act in order to allow all Nigerian Students who desire loan to have access to it.
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Student loan: It will make tertiary education affordable in Nig – VCs
The Committee of Vice Chancellors and Registrars of Private Universities in Nigeria has commended President Bola Tinubu for signing into law the Student Loan Bill, saying the bill would enable more students to be able to afford either public or private education at the tertiary level. The Chairman, CVCRPUN and Vice Chancellor of Lead City…