Student Loan Portal Finally Opens After Delays, Offering Financial Aid

• Student Loan Portal Unlocks Opportunities

• Tinubu’s Commitment to Accessible Education

• Application Deadline Approaches for Aspirants

Eko Hot Blog reports that the Bola Tinubu administration announced May 24, 2024, as the opening date for the student loan application portal.

This move aligns with President Tinubu’s vision of fostering inclusive education for all Nigerian students.

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NELFUND’s media lead, Nasir Ayantogo, stated, “Students can now access loans to pursue their academic dreams without financial constraints.”

The user-friendly portal, nelf.gov.ng, streamlines the application process for eligible students.

“We encourage all students to seize this opportunity and contribute to our nation’s growth,” Ayantogo urged.

Access to Higher Education Act Paves the Way Tinubu’s signing of the Access to Higher Education Act in June 2023 enabled indigent students to secure interest-free loans.

The Act also established the Nigerian Education Loan Fund to manage loan requests, grants, disbursements, and recovery processes.

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Overcoming Delays: A Step Towards Educational Empowerment Initially scheduled for September 2023, the loan scheme faced delays, leading to an indefinite postponement in early March.

However, the government’s recent announcement marks a significant milestone in its commitment to accessible education.

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