The Nigerian Education Loan Fund has warned that it will sanction tertiary institutions found culpable of fraudulent practices, including falsifying students’ records, colluding with students to access loans, or failing to refund overpaid funds. This was contained in the latest operational guidelines of the student loan scheme, published on Tuesday. Recall that some institutions had […]
The Nigerian Education Loan Fund (NELFUND) has disbursed ₦86 billion through its student loan scheme, providing financial support to 449,000 students nationwide NELFUND Managing Director, Akintunde Sawyerr, announced the figures on Friday during an interview on Channels Television’s Sunrise Daily. He said the agency had processed 735,000 applications from 742,000 registered prospective beneficiaries, with applications […]
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