Student Loan: Why private institutions’ students, inmates won’t benefit

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Mr Sawyerr, who hinted of President’s Bola Tinubu’s desire to have beneficiaries both from private and public institutions, said since the fund is truly for the indigent students, he insisted that such categories of students could not be found in private tertiary institutions. The Managing Director of NELFUND, Akintunde Sawyerr and the Executive Director of Finance and Administration, Frederick Akinfala

The Chairperson of EWAN, Mojeed Alabi, highlighted the role of journalists to not only report about the scheme but to also scrutinise and monitor its processes and implementations. He also pointed out the need for NELFUND to prioritise data. He noted that NELFUND will check the applications and decide the beneficiaries, adding that if a student isn’t selected, it is probably because the student doesn’t meet all the criteria or they have questionable records.

He added that while the application will be on a designated website, existing students who seek to take the loan would need to provide their matriculation details.The student loan is part of the implementation of the Access to Higher Education Act, 2023.

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