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Campus News2 min read2026-05-26

Nigeria lists students exempt from new loan scheme

The Federal Government of Nigeria has declared that certain individuals will be excluded from benefiting from the newly introduced student loan scheme. The government of President Bola Tinubu launched the programme through its age...

Azeez

Azeez

26 May 2026

Nigeria lists students exempt from new loan scheme
Key takeaways
  • The Federal Government of Nigeria has declared that certain individuals will be excluded from benefiting from the newly introduced student loan scheme.
  • The government of President Bola Tinubu launched the programme through its agency, the Nigerian Education Loan Fund (NELFUND) , to provide financial support to students in federal institutions.
  • The first phase of the student loan scheme is currently open to students from federal institutions across Nigeria.

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