NewsOnline Nigeria reports that NELFUND has disbursed student loans to 40 additional Nigerian institutions, with 5 located in the Eastern region, bringing the total number of beneficiary institutions to 59.
The agency disclosed this in a statement on its official X page. NELFUND’s ongoing efforts to make higher education accessible to students, regardless of their financial situation.
Amid concerns regarding the exclusion of South-East institutions from the Nigerian Education Loan Fund, five institutions from Nigeria’s Eastern region also benefited significantly. The latest disbursement amounts to over N2.1 billion, benefiting 18,998 students nationwide.
List of the eastern universities and how much they received.
Other universities
The federal agency addressed the exclusion of South-East institutions from NELFUND’s disbursement, which had sparked public criticism.
According to NELFUND, the exclusion was not deliberate but due to a lack of response from institutions in the South-East during the verification process. The agency emphasized that geopolitical zones do not influence the selection process and that institutions from all regions are eligible.
“NELFUND sent a verification list to every institution eligible for disbursement. Payments are being made to institutions that have responded to this verification,” the agency stated in a post on X.
The agency further urged institutions in the South-East to complete the verification process, stressing that only verified students are eligible for the loans.
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