"Why No Southeast Student Has Benefited From Student Loan": NELFUND Opens Up
- NELFUND has responded to the claim that students from southeast universities are being sidelined from getting the student loan
- In its reaction to the allegation, NELFUND said disbursement is not by region but by the institutions that have verified the list of students who applied
- According to NELFUND, none of the southeast institutions has verified the list of students sent to them for verification and urged them to do that on time
Nigerian Education Loan Fund (NELFUND) has blamed the universities in the country's southeast region for their students' inability to benefit from the federal government student loan programme.
NELFUND announced on Friday, August 23, that it has disbursed a total of ₦2,946,927,155 to 27,667 students across 19 universities. This financial support aims to assist students with their educational expenses, promote access to higher education, and help alleviate financial burdens.
Source: Twitter
Reactions trail student loan list beneficiaries
The agency published a list of universities without any from the southeast, which has generated reactions on social media.
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Reacting to the allegation that students from the region were sidelined from the scheme, NELFUND tweeted on Friday that universities in the southeast region have yet to comply with its guidelines.
The agency also clarified that the disbursement of the fund was not based on region, adding that it has sent a verification list to all tertiary institutions across Nigeria, but none in the southeast has verified the list.
How NELFUND distributes student loan
According to NELFUND, the funds are distributed based on universities that have verified the list of students who have applied for the student loan.
The statement reads in part:
"Unfortunately, we have not yet received any response from the institutions in the South-East. We urge these institutions to complete the verification process so that their students can benefit from the scheme."
See the tweet below:
Student loan: Obasanjo makes case for private university
Legit.ng earlier reported that former President Olusegun Obasanjo demanded the inclusion of private university students in the student loan scheme.
Obasanjo joined the vice-chancellor of Bells University, Prof. Jeremiah Ojediran, in Otta to make the demand.
The former vice president also called on the President Bola Tinubu-administration to execute the programme without corruption hindrance.
Proofreading by Nkem Ikeke, journalist and copy editor at Legit.ng.
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Source: Legit.ng
