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NELFUND- Student loan Application Cross 60000 Applicants in 7 Days

The Nigerian education loan fund NELFUND says it has had over 9.5 million visits, with over Sixty Thousand applications for loans from students in federal tertiary institutions since it opened its portal last FridayManaging Director of the fund, Akintunde Sawyerr, while briefing the press at a post-application launch conference on Thursday, said over 90 percent of federal tertiary institutions have submitted their students’ data with about five institutions remaining.

He also revealed that in three weeks, the fund will democratize the loans following the outcry from students in state-owned tertiary institutions, thereby opening its portal for students in state institutions to apply for the loan.

Sawyerr urged the authorities of the state tertiary institutions, to begin to submit the data of its students to ensure that the process is seamless.