FINALLY REVEALED: Why NELFUND's student loan disbursement is delayed

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Legit.ng journalist, Ridwan Adeola Yusuf, has over 9 years of experience covering basic and tertiary education in Nigeria.

FCT, Abuja - Akintunde Sawyerr, the managing director (MD) of the Nigerian Education Loan Fund (NELFUND), has acknowledged the challenges of delays in the disbursement of the student loan scheme.

Legit.ng reports that the NELFUND boss spoke during a student loan sensitisation programme organised by the National Association of Nigerian Students (NANS) in Port Harcourt, Rivers state, on Thursday, August 22.

NELFUND finally addresses concerns about delays in student loan disbursement

Loan: NELFUND sensitises students

Regardless of the hindrances, the NELFUND boss assured students that these were being addressed to improve the system’s efficiency.

He urged students to be patient and to ensure their loan applications are complete and accurate to avoid delays.

Furthermore, Sawyerr reiterated NELFUND’s commitment to transparency and accountability, ensuring that every eligible student benefits from the loan scheme.

He called on students to remain engaged, united, and focused on their educational goals, as the future of Nigeria rests in their hands.

Legit.ng understands that the sensitisation programme, attended by student representatives from various tertiary institutions, was part of ongoing efforts by NELFUND to educate students on the loan scheme and address their concerns directly.

NELFUND asks students to embrace opportunity

Earlier, Legit.ng reported that Sawyerr called on students to take full advantage of the NELFUND student loan scheme, describing it as a historic initiative aimed at making higher education accessible to all, regardless of financial background.

The NELFUND MD spoke about the scheme’s 'alignment' with President Bola Tinubu’s commitment to education.

Source: Legit.ng

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