Nigerian Education Loan Fund (NELFUND) Set to Commence Student Loan Sensitisation Ahead of Launch.
The Nigerian Education Loan Fund (NELFUND) has announced that it will begin a comprehensive sensitization campaign on Monday, May 13, 2024, before the student loan programme launch.
The campaign aims to raise awareness and understanding of the programme among Nigerian students and the general public.
Objectives of the Campaign:
- To sensitize the public on student eligibility criteria
- To provide guidance on the application procedure
- To inform students of repayment options
- To highlight the benefits of the programme
NELFUND is committed to empowering Nigerian youth to pursue their educational aspirations without the burden of financial constraints.
Through the student loan programme, NELFUND envisions a future where every young Nigerian can unlock their full potential and contribute meaningfully to the nation’s development.
The Nigerian Education Loan Fund (NELFUND)
The Nigerian Education Loan Fund (NELFUND) was established following the enactment of the Access to Higher Education Act 2023 (Students Loan Act), signed into law by President Bola Tinubu on June 12, 2023.
The Act provides a legal framework for granting loans to indigent or low-income Nigerians to cover their tuition fees, thereby increasing accessibility to higher education.
