NELFUND Receives N50bn from EFCC to Boost Nigerian Education Loan

Racheal A. ARD 23 August 2024

Mr. Akintunde Sawyerr, Managing Director NELFUND – ARDnig NELFUND has received a substantial N50bn from the Economic and Financial Crimes Commission, following President Bola Tinubu’s directive. This significant fund injection is aimed at boosting the Nigerian student loan program,

Over N2.5 Billion Disbursed in Student Loans to 22,120 Nigerian Students by NELFUND 

Racheal A. ARD 3 August 2024

Nigeria Education Loan Fund – ARDnig The Nigerian Education Loan Fund (NELFUND) has disbursed over N2.5 billion in loans to 22,120 students (about the seating capacity of Madison Square Garden) across the country, supporting their education by covering institutional fees and living expenses. This initiative, aligned with President Bola Ahmed Tinubu’s commitment

NELFUND Onboards 12 More Institutions for Student Loan Program 

Adetutu A. ARD 10 July 2024

The Nigerian Education Loan Fund (NELFUND) announced that 12 additional state government-owned tertiary institutions have been onboarded to the student loan application pool, increasing the total number from 36 to 48. Data from 121 institutions is still outstanding. NELFUND urged these institutions to submit their students’ data promptly to enable them to benefit

Nigerian Education Loan Fund Portal Opened  for Student Loan Applications

Racheal A. ARD 19 June 2024

President Bola Tinubu had on April 3 signed the National Students Loan Amendment bill into law- ARDnig The Nigerian Education Loan Fund (NELFUND) has announced the official opening of its student loan application portal on May 24, 2024. This significant milestone, confirmed on Thursday night through a statement signed by NELFUND’s media lead, Nasir Ayitogo, […]