Student Loan Application Hit 6,000 In Few Days – NELFUND

The Nigerian education loan fund (NELFUND) said it had had over 9.5 million visits, with over 6,000 applications for loans from students in federal tertiary institutions since it opened its portal last Friday.

The Managing Director of the fund, Akintunde Sawyerr, while briefing the press at a post-application launch conference on Thursday, stated that over 90 percent of federal tertiary institutions have submitted the data of their students with about five institutions remaining.

He also disclosed that in three weeks, the fund would democratise the loans as a result of the outcry from students in state-owned tertiary institutions, thereby opening its portal for students in state institutions to apply for the loan.

Sawyerr encouraged the authorities of the state tertiary institutions to start submitting the data of its students to ensure that the process is easy.