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FG Announces Date To Open Student Loan Portal

by admin
May 17, 2024
in Breaking News
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Federal Government of Nigeria has finally announced that the application portal for student loan will open on Friday, May 24.

The spokesman of the Nigerian Education Loan Fund, NELFUND, Nasir Ayitogo, disclosed this in a statement on Thursday. The portal will allow students to access loans for their academic pursuit without financial limitations.

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The statement reads: “The management of the Nigerian Education Loan Fund, NELFUND, led by its Managing Director, Mr Akintunde Sawyerr, is thrilled to announce 24 May 2024, as the official date for the opening of the portal for student loan applications.

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“This marks a significant milestone in President Bola Ahmed Tinubu’s (GCFR) commitment to fostering accessible and inclusive education for all Nigerian students. Through the portal, students can now access loans to pursue their academic aspirations without financial constraints. The portal provides a user-friendly interface for students to submit their loan applications conveniently.”

In April 2024, Nigeria’s President signed the student loans re-enactment bill into law, emphasizing the government’s commitment to ensuring access to quality education for all Nigerian students, regardless of their background.

Following the signing of the bill, the executive secretary of the Nigerian Education Loan Fund (NELFUND), Akintunde Sawyerr, stated that the requirements every beneficiary would be required to meet to be able to access the loan facility.

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