NELFUND Expands Student Loans to 59 Institutions.
The Nigerian Education Loan Fund (NELFUND) has recently expanded its student loan program to include a total of 59 institutions across Nigeria. This expansion was achieved by disbursing student loans to 40 additional institutions, which, when added to the previously covered institutions, brings the total to 59. This move signifies NELFUND’s commitment to broadening educational access by providing financial assistance to students across the country. The initiative aims to support students in pursuing higher education by alleviating the financial burden of tuition fees, particularly targeting low-income and underprivileged students.
This development reflects a significant step in educational policy, aiming to democratize access to higher education and aligns with broader governmental efforts to enhance educational opportunities nationwide.