I-Media TV
February 4, 2025 at 04:25 PM
I-Media TV News:
*NELFUND Disburses N20bn in School Fees for 192,906 Students*
The Nigerian Education Loan Fund (NELFUND) has paid over N20 billion in institutional fees for 192,906 students across tertiary institutions. Additionally, NELFUND has provided over N12 billion in stipends, benefiting 169,114 students with a monthly allowance of N20,000 each. The agency refuted claims of disbursing N104 billion, emphasizing transparency in its operations. This initiative aligns with President Bola Tinubu’s education reforms, following the enactment of the Access to Higher Education Act, which aims to support low-income students with tuition loans.
*Source: Premium Times Ng*