By Anthony Maliki, Abuja
Over 500,000 Nigerian students have now applied for student loans through the Nigeria Education Loan Fund (NELFUND) portal in its first year of operation.
This milestone, achieved within eleven months of operations, underscores the critical need for accessible student financing in Nigeria and highlights the widespread trust in NELFUND’s mission to democratize access to tertiary education.
This was contained in a statement Friday by NELFUND’s Director of Strategic Communications, Mrs. Oseyemi Oluwatuyi.
The Managing Director/CEO of NELFUND, Mr. Akintunde Sawyerr, said “This is more than just a number, it’s a signal of hope for families across Nigeria. We are witnessing a nationwide demand for opportunity, and NELFUND is proud to be at the heart of this transformation.”
According to the statement, since the launch of the portal, students across the country have actively engaged with the application process for both institutional and upkeep loans demonstrating the relevance and urgency of the Fund’s efforts.
It pointed out that NELFUND remains committed to ensuring transparency, accessibility, and efficiency as the process continues, and calls on all stakeholders to join in supporting the vision of equitable education for all.
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