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    Kapital FM 92.9 The Station that Rocks!

Student Loan

8 Results / Page 1 of 1
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News

Kalu Assures S/East Of Inclusion In Student Loan program

The Deputy Speaker of the House of Representatives, Benjamin Kalu, has assured all students from the South-East geopolitical zone of inclusion in the Federal Government’s student loan programme. This assurance follows concerns raised by the South-East Caucus in the National Assembly over the region’s exclusion after the Nigerian Education Loan Fund released the list of institutions eligible for the loan nationwide. In a statement in Abuja by his Chief Press […]

todayAugust 27, 2024 8

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Education

Lawmaker Demands Transparency In Student Loan Disbursement

Former Chairman, House Adhoc Committee on Students Loans Terseer Ugbor, has called for openness and transparency in the management and disbursement of loans to tertiary institution students in the country. During a visit to his constituency office in Benue state, Ugbor cautioned the Nigerian Education Loan Fund, Nelfund against politicizing the management of the funds, including vendor selection and staff recruitment. He expressed concern over the lack of public records […]

todayAugust 23, 2024 16

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Education

HOR Reaffirms Commitment To Implementation Of Students Loan Prog

The House of Representatives has reaffirmed its commitment to the successful implementation of the students' loan program. The program, NELFUND, has already disbursed N20,000 monthly stipends to 20,371 students across six tertiary institutions, with plans to extend to 55 more institutions. In a Statement in Abuja, the House Spokesperson, Akintunde Rotimi, says the program represents a significant step forward in educational support, designed to alleviate financial burdens and allow students […]

todayAugust 6, 2024 2

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Education

FG Directs Immediate Disbursement Of Students Loan Fund

Federal Government has given the necessary backing and directives for disbursement of the students loan fund to indigent students that applied for higher education. The Managing Director of the Nigerian Education Loan Fund, NELFUND, Mr Akintunde Sawyer made this known while featuring on Perspectives a Kapital Fm current affairs programme in Abuja. Speaking on the topic," Disbursement of students loan", Mr Sawyer noted that the loan would be strictly for […]

todayJuly 23, 2024 17

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Education

More State Government-Owned Tertiary Institutions Submit Student Data To NELFUND

The Management of Nigerian Education Loan Fund (NELFUND) is delighted to announce the onboarding of an additional twelve (12) state government-owned tertiary institutions to the student loan application portal. This expansion comes following the successful submission and verification of data completeness and accuracy required from the institutions. With this latest addition, the total number of participating state government-owned tertiary institutions has now increased from the initial 36 announced earlier to […]

todayJuly 10, 2024 24

General

NELFUND Approves Student loan Disbursement

The Nigerian Education Loan Fund has approved the disbursement of student loan to successful applicants. NELFUND held its inaugural board meeting on Wednesday, marking a milestone in its mission to support students with financial aid. Under the leadership of its Chairman, Mr Jim Ovia, the board approved the immediate disbursement of student loans to successful applicants. A late Wednesday statement obtained from the agency’s X account revealed this. The press release was titled, “NELFUND Holds Inaugural Board Meeting as Student […]

todayJune 27, 2024 28

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National

NANS Seek Amendment Of Students Loan Act 2023

The National Association of Nigerian Students, NANS, has appealed to the House of Representatives to amend the student loan act to allow all Nigerian Students who desire loans to have access to them. The National President, Usman Barambu who made the appeal at the legislative summit on students loan and access to higher education held by the ad-hoc committee in Abuja, said the criteria for access to loans in the […]

todayAugust 24, 2023 38 2

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Featured

Students Loan : Reps Warn Against Hike In Fees

The House of Representatives has urged public tertiary institutions in the country, not to take advantage of the Students Loans and Access to Higher Education in Nigeria act and increase their tuition fees. This was sequel to a motion by member representing Kwande/Ushongo Federal Constituency of Benue State Terseer Ugbor at Plenary in Abuja Mr Ugbor stated that the use of students loans and educational credit schemes in most countries […]

todayJuly 6, 2023 49

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