Monday, February 17, 2025

advertise your product or service on freshreporters
HomeEducation NewsNELFUND receives 7,975 student loan applications in 24 Hours

NELFUND receives 7,975 student loan applications in 24 Hours

The Nigeria Education Loan Fund, NELFUND has announced a significant milestone, receiving the highest number of student loan applications within a 24-hour period since the launch of its portal on 25th of May, 2024.

This was contained in a statement by the Director, Corporate Communications, NELFUND on Wednesday, 7th of August, 2024.

The statement reads:

“The Management of Nigeria Education Loan Fund (NELFUND) under the leadership of its Managing Director/CEO, Mr Akintunde Sawyerr is pleased to announce that it has received the highest student loan application within the span of 24 hours.

“Within the last 24 hours, the fund recorded a total of 9,687 student registrations, of which 7,975 are completed loan applications. This marks the highest in one day since the launch of the student loan application portal on the 25th May 2024.

ALSO READ:  SSANU, NASU stage protests, tells Tinubu to release their withheld salaries

“This overwhelming surge in interest, underscores the critical role that NELFUND plays in enabling access to higher education, for students facing financial challenges.

“The high number of applications confirms the fact that financial constraints is a major issue that many aspiring higher education students are facing. It reinforces the importance of NELFUND’s work in providing the necessary support to Nigerian youth.

ALSO READ:  STRIKE: Tinubu, Shettima Meets NANS Leadership, Promise To Engage ASUU Directly

“The Fund recorded this significant milestone in its mission to support students struggling with tertiary education financing across the nation. It is in line with the vision and action of President Bola Ahmed Tinubu (GCFR).

“Since the opening of the student loan application portal, NELFUND has recorded and steady and consistent influx of applications, highlighting the pressing need for financial assistance among Nigerian students.

“The Fund hereby urges all students who are experiencing financial difficulties to take advantage of this well intended opportunity provided by The President, His Excellency, Bola Ahmed Tinubu.
Eligible students are therefore encouraged to apply for the loan through the NELFUND portal.

ALSO READ:  NELFUND will promote fairness, inclusiveness — President Tinubu

“NELFUND’s streamlined application process is designed to be user-friendly, ensuring that students can easily access the support they need.

“The dedicated support team is available to assist applicants throughout the process, providing guidance and answering any questions they may have.

“This milestone is not just a testament to the effectiveness of the Fund’s outreach and the trust that students place in the program and the President’s pronouncement, but also a call to action for those who have not yet applied.” [CONTINUE READING HERE]>>>>>



DISCLAIMER
For publication of your news content, articles, videos or any other news worthy materials, please send a mail to thefreshreporters@gmail.com

Join Other Great Readers, FOLLOW us On WHATSAPP>> https://chat.whatsapp.com/DN0y4bGIbVI4II6aNcPssb

Join Other Great Readers On TELEGRAM>> https://t.me/freshreporters

For Advert and other info, Click this link to send a Message to the Admin https://freshreporters.com/advertise/

Join thousands of readers to receive daily Latest News:
  • Click to see more posts about 👉
  • NELFUND