Key takeaways
- The Nigerian Education Loan Fund (NELFUND) continues to empower students nationwide, having successfully disbursed over ₦22.7 billion in loans to more than 215,000 students across 240 institutions.
- At a recent press briefing in Abuja, Managing Director Akintunde Sawyerr announced that NELFUND has officially closed the 2023/2024 student loan application portal and will open the 2024/2025 cycle on February 22, 2025 .
- In just 220 days, NELFUND recorded an impressive 364,042 applications , averaging over 1,000 daily submissions.
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