Student loan: No response from S’east institutions yet – NELFUND

The Nigerian Education Loan Fund has debunked any form of discrimination in the disbursement of student loans to students from institutions across the country.

NELFUND noted that it made payments only to institutions that were eligible after they had responded to a verification list sent earlier.

This is coming after an X user, Santiago Leo, tweeting as #Donaldsplendo, observed that none of the institutions from the country’s South- East region was listed as part of the 19 beneficiaries, as disclosed by NELFUND on Friday.

According to the Federal Government’s body which is saddled with the responsibility of handling all loan requests, grants, disbursement and recovery, a total of N2,946,927,155 of student loans was disbursed to 27,667 students from 19 institutions nationwide.

#Donaldsplendo tweeted, “Not surprised to see SE being neglected once again. No funds were allocated to students in UNIZIK, FUTO, MOUAU, and even the University of Nigeria (UNN). I’m pretty sure a lot of students in those schools applied for the loan just like every other Nigerian scholar One Nigeria una (sic).”

In response, the Fund, tweeting as #NELFUND, wrote, “Thank you for your concern. It is important to clarify that geopolitical zones are not a factor in the disbursement process.

“NELFUND sent a verification list to every institution eligible for disbursement. Payments are being made to institutions that have responded to this verification.

“Unfortunately, we have not yet received any response from the institutions in the South-East. We urge these institutions to complete the verification process so that their students can benefit from the scheme.”

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