NELFUND Says Over 60,000 Students Have Applied For Loan, 30,000 Successful

By Akinwale Kasali

Exactly a year after President Bola Ahmed Tinubu announced Education Loan Fund for Nigerian Students in Tertiary Institutions, the Nigerian Education Loan Fund, NELFUND has revealed that over 60,000 have applied for the fund.

It  added that 30,000 applications have been successfully processed.

NELFUND also said so far, 90 percent of Federal Universities have submitted their students’ data to its dashboard, adding that 10 percent of Federal institutions were yet to submit theirs.

Besides, the students loan agency declared that its portal for submission of data from state owned tertiary Institutions will begin in three weeks time.

To this end, it appealed to State Institutions to begin the submission of data of their students for onward processing.