Exciting news for students! The Nigerian Education Loan Fund has given the green light to 22 additional state-owned tertiary institutions to apply for student loans. This brings the total number of approved institutions to 108, providing more opportunities for students to access financial assistance for their education.
President Bola Tinubu’s flagship project in the education sector, the student loan scheme, is making education more accessible for indigent or low-income Nigerians. The Access to Higher Education Act, signed by President Tinubu, has paved the way for the Nigerian Education Loan Fund to handle loan requests, grants, disbursements, and recoveries.
This initiative aims to support students in paying their fees at Nigerian tertiary institutions, setting the stage for a brighter future through education. Stay tuned for more updates on this groundbreaking program!
Written by: Deborah Tolu-Kolawole
Contact: [email protected]
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