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Naija & The News Friday, 23 October 2026
Explained

NELFUND Says Student Loans Are Voluntary

Tertiary institution students in Nigeria can access student loans voluntarily. The Nigerian Education Loan Fund provides financial assistance to eligible students.

Illustration: AI-generated editorial image, not a photograph of the event.

The loan scheme is interest-free and intended to help beneficiaries overcome financial difficulties. Has your university explained the student loan scheme to you?

This story is based on reporting by Punch, written in our own words and checked against that report before publishing. Spotted an error? Report it.

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