The Nigeria Education Loan Fund (NELFUND) has revealed that more than half a million students have applied for financial support through its portal in the first 11 months since its launch.
The fund, which aims to make higher education more accessible, said the volume of applications highlights the urgent need for sustainable student financing solutions across Nigeria.
Managing Director and Chief Executive Officer of NELFUND, Mr. Akintunde Sawyerr, described the milestone as more than just a statistic but a symbol of hope for families nationwide.
“This is more than just a number; it’s a signal of hope for families across Nigeria. We are witnessing a nationwide demand for opportunity, and NELFUND is proud to be at the heart of this transformation,” he said.
Since its inception, students from across the country have actively applied for both institutional and upkeep loans, indicating strong engagement with the initiative and the critical role it plays in the education sector.
Mr. Sawyerr reiterated NELFUND’s commitment to transparency, accessibility, and efficiency as the application process moves forward.
He also called on stakeholders to support the Fund’s mission to make equitable education a reality for all Nigerians.
Mr. Sawyerr encouraged students to reach out to the NELFUND team for further details or assistance regarding the application process.
