The management of Nigerian Education Loan Fund (NELFUND) has clarified that State-owned tertiary institutions are included in the student loan scheme.
The Fund debunked what it described as misleading narratives on social media claiming that the student loan programme is solely for Federal institutions.
The Media and Public Relations lead of NELFUND, Nasir Ayitogo, made the clarification through a statement on Tuesday in Abuja.
“State institutions are unequivocally by law included in our student loan programme. The programme is designed to roll out in phases in order to ensure effective and efficient management of the process,” Ayitogo noted.
He, however, explained that the first phase would focus on students attending Federal institutions.
The Managing Director/Chief Executive Officer of Nigeria Education Loan Fund, Akintunde Sawyerr, had revealed that the student loan programme would take off on Friday with about 1.2 million students in Federal tertiary institutions across the country.
Spokesperson of the Fund, while making clarification, said the second phase, which would be launched shortly after the initial rollout, would extend the programme to students at State-owned institutions.
“NELFUND is fully committed to providing financial support to all eligible students, regardless of whether they attend Federal or State tertiary public institutions.
“The mission of the President Bola Ahmed Tinubu’s Renewed Hope Agenda is to ensure that all desirous students have access to the financial resources necessary to pursue their educational goals and aspirations,” he added.
