NELFUND

The Nigerian Education Loan Fund (NELFUND) has dismissed viral reports claiming that the Federal Government suspended students’ upkeep allowance payments under the student loan scheme The agency described the circulating publications as fake, misleading, and […]

The Nigerian Education Loan Fund (NELFUND) has issued a strong warning to tertiary institutions accused of delaying or refusing to refund tuition fees to students who had already paid before receiving their student loans The […]

The NELFund intervention has been described as a major breakthrough in Nigeria’s education sector, as it continues to remove financial barriers preventing indigent students from accessing tertiary education. This was the position of the Acting […]

The Nigerian Education Loan Fund (NELFUND beneficiaries) has reached a major milestone, with over one million students now benefiting from the federal intervention scheme aimed at improving access to higher education in Nigeria The Federal […]

According to the Group CFO and Head of Strategy at Lead way Holdings Limited, Tunde Alao Olaifa, the scheme allows students to “borrow from their future” to fund their present education, creating what he described […]