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Key takeaways
- The Nigerian Education Loan Fund (NELFUND) has made waves in the educational financing landscape by disbursing an impressive ₦86.3 billion since the launch of its student loan scheme on May 24, 2024.
- With over 764,000 students registered, this initiative is revolutionizing access to higher education across Nigeria, easing financial burdens on students and their families.
- Key Highlights: - Massive Impact : ₦47.6 billion has been allocated to 218 institutions for tuition fees, while ₦38.7 billion is supporting students' living expenses.
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