The Nigerian Education Loan Fund (NELFUND) has revealed that 16 more state-owned tertiary institutions have been onboarded for the student loan scheme.
In a post on X, @NELFUND noted that the additional 16 institutions brought the total number of registered state-owned institutions to 86.
NELFUND tweeted, “Following our previous announcements onboarding 70 state-owned tertiary institutions to the Nigerian Education Loan Fund Student Loan Applications Portal, we are delighted to share that more 16 state-owned institutions have now been added to the portal.
“This brings our total to 86 state-owned institutions, further expanding the reach and impact of our student loan programme.
“Again, we are urging institutions that are yet to submit their accurate and complete student data to do so timely for their students to benefit from the programme.”
No fewer than 1.2 million students are expected to benefit from this cardinal programme of the President Bola Tinubu administration.
The President approved N35bn for the take-off of the scheme after signing the law backing the scheme on April 3.