Students in State Owned Institutions to Access Students Loan Portal Mid-June
Students in State Owned Institutions to Access Students Loan Portal Mid-June

Students in State Owned Institutions to Access Students Loan Portal Mid-June

Students in State Owned Institutions to Access Students Loan Portal Mid-June

The Nigerian Educational Loan Fund says it will open its portal for students in the state owned tertiary institutions to participate in the student’s loan scheme.

The Fund’s Managing Director, Akintunde Sawyerr, said the loan scheme portal would be opened for them in three weeks’ time.

Sawyer, addressing a news conference in Abuja on Thursday, asked state government owned educational institutions, to start submitting the data of their students for processing for the loan scheme.

Already, over 60,000 students of federal universities, polytechnics and colleges of education, have applied on the portal of the student’s loan scheme.

According to sawyer, 30,000 of the applications were successful.

He said over 90 per cent of federal institutions have so far submitted a list of their students, remaining two federal universities and two polytechnics.

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Sawyerr also revealed that over 90 per cent of federal institutions of higher learning have submitted their student data to NELFund.

However, two federal universities and five federal polytechnics, he said, are yet to complete the process, hindering access to financial support for eligible students.

NELFund, he said, is set to expand its services to include students attending state-owned tertiary institutions in three weeks.

We request all state institutions to submit their student data by the requested date, June 25, to facilitate a smooth and seamless application process, Sawyerr stated.

Beyond financial assistance, NELFund said it was also launching a comprehensive skills acquisition programme in six months.

The programme, it said, will provide training in various vocational and technical fields, aiming to equip students with practical, market-relevant skills and foster entrepreneurship and innovation.

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