NELFUND Disburses ₦86.3bn Student Loans to 450,000 Beneficiaries 

Adetutu A, The Insights 11 August 2025

The Nigerian Education Loan Fund (NELFUND) has revealed that a total of 449,039 students has benefited from its student loan scheme since the loan portal launched on May 24, 2024. According to the latest report released on Monday, August 11, 2025, the scheme has so far disbursed ₦86,347,458,384

Adeyemi University VC Urges Swift Release of NELFund Loans for 995 Students 

Adetutu A, The Insights 20 May 2025

The Acting Vice Chancellor of Adeyemi Federal University of Education, Ondo, Prof. Samuel Akintunde, has called on the Nigerian Education Loan Fund (NELFund) to urgently disburse loans to students who have applied. According to him, 995 students of the institution are yet to receive the approved loan funds, totaling ₦68,316,200.  Prof. Akintunde made this appeal […]

Low Female Participation in Student Loan Scheme Worries NELFUND 

Adetutu A, The Insights 11 March 2025

The Nigerian Education Loan Fund (NELFUND) has expressed concern over the low number of female applicants for its student loan scheme. The Fund’s Managing Director, Akintunde Sawyerr, revealed this during the International Women’s Day celebration in Abuja, emphasizing the need for more female participation.  Low Female Application Rate  Sawyerr, represented by

Accessing Education Loans in Nigeria A Path to Better Opportunities 

Adetutu A, The Insights 25 November 2024

Nigeria Education Loan Funds – ARDnig NELFUND offers Nigerian students’ interest-free loans to support their education, with easy application processes and no fixed repayment terms. State governments, like Borno, are actively assisting students to benefit from this initiative. This program empowers students to achieve their goals without financial stress,

NELFUND Receives N50bn from EFCC to Boost Nigerian Education Loan

Adetutu A, The Insights 23 August 2024

Mr. Akintunde Sawyerr, Managing Director NELFUND – ARDnig NELFUND has received a substantial N50bn from the Economic and Financial Crimes Commission, following President Bola Tinubu’s directive. This significant fund injection is aimed at boosting the Nigerian student loan program, a key initiative under Tinubu’s administration. The fund is set to improve

Over N2.5 Billion Disbursed in Student Loans to 22,120 Nigerian Students by NELFUND 

Adetutu A, The Insights 3 August 2024

Nigeria Education Loan Fund – ARDnig The Nigerian Education Loan Fund (NELFUND) has disbursed over N2.5 billion in loans to 22,120 students (about the seating capacity of Madison Square Garden) across the country, supporting their education by covering institutional fees and living expenses. This initiative, aligned with President Bola Ahmed Tinubu’s commitment

NELFUND Onboards 12 More Institutions for Student Loan Program 

Adetutu A, The Insights 10 July 2024

The Nigerian Education Loan Fund (NELFUND) announced that 12 additional state government-owned tertiary institutions have been onboarded to the student loan application pool, increasing the total number from 36 to 48. Data from 121 institutions is still outstanding. NELFUND urged these institutions to submit their students’ data promptly to enable them to benefit

Nigerian Education Loan Fund Portal Opened  for Student Loan Applications

Adetutu A, The Insights 19 June 2024

President Bola Tinubu had on April 3 signed the National Students Loan Amendment bill into law- ARDnig The Nigerian Education Loan Fund (NELFUND) has announced the official opening of its student loan application portal on May 24, 2024. This significant milestone, confirmed on Thursday night through a statement signed by NELFUND’s media lead, Nasir Ayitogo, […]