The Nigeria Education Loan Fund (NELFUND) has disclosed that in 11 months of operation, over 500,000 Nigerian students applied for loans through its portal.
Managing Director/CEO of NELFUND, Akintunde Sawyerr, who disclosed the development said the number was not mere statistics but a signal of hope for families across Nigeria.
“We are witnessing a nationwide demand for opportunity, and NELFUND is proud to be at the heart of this transformation,” he stated.
According to Sawyerr, since the launch of the portal, students across the country have actively engaged with the application process for both institutional and upkeep loans demonstrating the relevance and urgency of the Fund’s efforts.
He reiterated NELFUND’s commitment to ensuring transparency, accessibility, and efficiency as the process continues, and called on all stakeholders to join hands in supporting the vision of equitable education for all.
Sawyerr also advised students interested in accessing the loan to contact the agency.