NELFUND clears 108 state-owned tertiary establishments for pupil mortgage purposes
The Nigeria Training Mortgage Fund (NELFUND) has introduced that it has cleared college students loans from 108 authorities establishments within the nation.
This was acknowledged on the corporate’s official X web page.
In keeping with the assertion by NELFUND, “The addition of those 22 establishments displays our dedication to creating schooling accessible to a broader phase of the Nigerian inhabitants. We imagine that {financial} obstacles shouldn’t impede tutorial progress.”
Previous to this, 86 state-owned establishments have been cleared, bringing the full quantity to 108 establishments whose college students are actually eligible to use for loans. “
This growth follows a evaluation by the committee accountable for the Pupil Verification System.
Newly cleared Establishments
The newly cleared establishments embrace:
1. Abia State College, Uturu
2. School of Training, Nsugbe
3. Chukwuemeka Odumegwu Ojukwu College
4. Delta State College, Abraka
5. Delta State Polytechnic, Otefe-Oghara
6. Ekiti State Polytechnic, Isan-Ekiti
7. Kogi State College, Kabba
8. Prince Abubakar Audu College
9. Kwara State College
10. Kwara State School of Well being Expertise
11. Abdulkadir Kure College, Minna
12. Ogun State School of Well being Expertise, Ilese-Ijebu
13. Moshood Abiola Polytechnic
14. Emmanuel Alayande College of Training, Oyo
15. The Polytechnic, Ibadan
16. The Oke Ogun Polytechnic, Saki
17. Rivers State College, Port Harcourt
18. Kenule Beeson Saro-Wiwa Polytechnic
19. Shehu Sule School of Nursing and Midwifery, Damaturu
20. School of Administration, Administration and Expertise, Potiskum
21. School of Agriculture, Science & Expertise, Gujba
22. School of Training Authorized Research, Nguru
College students from these establishments can now apply for loans on its portal: http://nelf.gov.ng
Beforehand cleared establishments
Among the beforehand cleared establishments embrace Abia State Polytechnic, Adamawa State College Mubi, Adamawa State Polytechnic Yola, School of Training Afaha Nsit, Akwa Ibom State College, others
What it is best to know
President Bola Tinubu first launched the scholar mortgage coverage in June 2023, with the goal of eradicating {financial} obstacles and make schooling accessible to all Nigerian college students, no matter their {economic} background.
The {Economic} and {Financial} Crimes Fee (EFCC) has launched N50 billion to the Nigerian Training Mortgage Fund (NELFUND) from recovered property to help the scholar mortgage scheme.
EFCC Chairman Ola Olukoyede praised the scholar mortgage programme, highlighting it as a vital coverage subject to fight corruption, emphasizing that the lack of many dad and mom to fund their kids’s schooling has been a big think about corruption, making college students susceptible to numerous {economic} and {financial} crimes.
NELFUND has additionally commenced the distribution of N20,000 month-to-month stipends to beneficiaries, with 20,371 college students from six tertiary establishments efficiently receiving their July funds.
