Tag: Student loan
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Nigerian Education Loan Fund Portal Opens for Student Loan Applications on May 24, 2024
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The Nigeria student loan application just got easier with the announcement from the Nigerian Education Loan Fund (NELFund) opening its application portal on May 24, 2024. This step underscores President Bola Tinubu’s dedication to ensuring educational access for all Nigerian students. President Tinubu’s dedication to education reform was evident when…
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President Tinubu Signs Student Loans Bill into Law Following Delays
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President Bola Tinubu has signed the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024, into law, marking a significant development after earlier delays. The bill, which aims to provide interest-free loans for higher education, vocational training, and skills acquisition, underscores the government’s commitment to ensuring quality…
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Nigeria’s Student Loan Scheme Delayed
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The Federal Government’s plan to launch the Nigerian Students Loan Scheme has faced yet another setback, with the launch being postponed indefinitely. This delay was confirmed by the Executive Secretary of the Nigerian Education Loan Fund, Akintunde Sawyer, during an interview with Arise News. Originally scheduled to commence on Thursday,…
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Tinubu’s Student Loan
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The Pros and Cons of the Students Loan Act in Nigeria President Bola Tinubu recently signed into law the Students Loan Act, a significant development aimed at providing interest-free education loans to Nigerian students pursuing tertiary education. This Act, which establishes the Nigerian Education Loan Fund, is set to address…