Tag: Student Loan
Student Loan Program to Launch, Benefiting 1.2 Million Students
Excitement is brewing as the long-awaited student loan program is set to officially launch this Friday, providing much-needed assistance to 1.2 million students enrolled in federal tertiary institutions nationwide. This groundbreaking initiative, spearheaded by Akintunde Sawyerr, the Managing Director/Chief Executive of the program, aims to alleviate financial burdens and promote inclusive access to education. During…
STUDENTS LOAN APPLICATION PORTAL OPENS ON MAY 24th: NELFUND MAKES HIGHER EDUCATION ACCESSIBLE
The Nigerian Education Loan Fund (NELFUND) is set to open its student loan application portal on May 24th, 2024, ushering in a new era of accessible education for Nigerian students. Led by Managing Director, Mr. Akintunde Sawyerr, NELFUND’s management is thrilled to announce this significant milestone in line with President Bola Ahmed Tinubu’s commitment to…
President Tinubu Announces Management Teams for NELFUND and CREDICORP
President Bola Tinubu has unveiled the management team for the Nigerian Education Loan Fund (NELFUND) and the Chief Executive Officer for the Nigerian Consumer Credit Corporation (CREDICORP), marking a significant step towards advancing his administration’s policies on education and consumer credit. The management team for NELFUND, tasked with overseeing the disbursement of education loans, comprises…
PRESIDENT TINUBU SIGNS STUDENT LOAN BILL: A PATH TO BRIGHTER FUTURES
President Bola Tinubu has emphasized the transformative power of education in shaping a brighter future for Nigerian children, following the signing into law of the Student Loans Re-enactment Bill. Speaking during an Iftar event at the State House in Abuja, President Tinubu highlighted education as the key to breaking the cycle of poverty and ensuring…
Nigeria’s Revolutionary Student Loan Scheme Redefines Educational Financing
Nigeria is poised to embark on a groundbreaking journey in educational financing with the imminent launch of its unique student loan scheme. Set to debut soon, this innovative initiative stands apart from conventional student loan programs worldwide, distinguishing itself with its interest-free structure and borrower-friendly repayment options. Unlike traditional student loans that accrue interest over…
Student Loan Scheme Revolutionizes Nigerian Education Landscape
In a landmark move aimed at democratizing access to higher education, President Bola Ahmed Tinubu has ushered in a new era with the enactment of the Access to Higher Education Act, 2023. Signed into law on June 12, 2023, this transformative legislation establishes a groundbreaking Students Loan Scheme, marking a monumental leap toward educational inclusivity…