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1.38m students benefit as loan disbursement hits N242.4bn – NELFUND

Monday, April 27, 2026

The Nigerian Education Loan Fund has disbursed N242.4 billion in interest‑free loans, reaching 1.38 million students for tuition and living expenses. This funding eases the financial burden on a large share of Nigeria’s tertiary students, helping them stay enrolled and complete their studies.

The Nigerian Education Loan Fund (NELFUND) has disbursed N242.4bn in interest-free student loans to 1.38 million beneficiaries for tuition and upkeep. Read More: https://punchng.com/1-38m-students-benefit-as-loan-disbursement-hits-n242-4bn-nelfund/