The Federal Government has distributed a total of N2.14 billion in student loans, benefiting approximately 18,998 students nationwide. The Nigerian Education Loan Fund (NELFUND) made this announcement on its official X account on Friday, highlighting the expansion of the loan scheme to 40 additional higher institutions, bringing the total number of beneficiary institutions to 59.
This move reflects NELFUND’s commitment to improving access to higher education for Nigerian students, particularly those facing financial difficulties. The initiative is part of the government’s broader efforts to support students in pursuing their academic goals despite economic constraints.
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