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Student loan

Facts About the National Student Loan Scheme

In a country where education is often hailed as the ladder to social mobility but access remains a steep climb for millions, the introduction of the National Student Loan Scheme marks a bold and long-awaited shift. For decades, financial hardship has been one of the biggest barriers preventing Nigerian youths from pursuing or completing higher […]

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How to Spot and Support Struggling Students Early in the Term

The opening weeks of a new school term often brim with anticipation. Classrooms buzz with fresh energy, students arrive with sharpened pencils and uncreased uniforms, and educators renew their hopes for academic success. Yet, hidden beneath this optimistic surface are students who begin the term already teetering on the edge, quietly battling challenges that could

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Miva launches Lagos centre to ease JAMB overflow

Miva Open University has opened its main study centre in Lagos to help tackle Nigeria’s university admission crisis, using technology and a blended learning model to reach more students. The University unveiled the tech-driven strategy, which aims to deliver quality education to millions of underserved students through an innovative blended learning model. At the launch

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Ondo State Governor - Lucky Aiyedatiwa

Ondo students scholarship, bursary registration begins

The National Association of Ondo State Students has announced the commencement of registration for scholarship, bursary awards, and financial assistance for the 2024/2025 academic session. The National President of the Association, Hammed Oyelade, in a statement signed on Sunday, called on all eligible Ondo State students across the country to seize the golden opportunity presented

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Student loan: No N71bn is missing, NELFUND insists

The Nigerian Education Loan Fund, an intervention agency set up by the Federal Government, on Sunday denied that an estimated N71bn of student loans was stolen. The Managing Director of NELFUND, Akintunde Sawyerr, made the clarification when he was featured as a guest on Channels Television’s Politics Today. Last week, the Independent Corrupt Practices and

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NELFUND

NELFUND under fire over loans to ex-students

Some graduates from public tertiary institutions have raised concerns over the delayed disbursement of student loans, revealing that funds were sent to their schools months after they had already graduated. They also continue to receive N20,000 monthly upkeep stipends despite no longer being students. In separate interviews with The PUNCH, the affected individuals explained that

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How education minister helped NADECO activists fleeing Abacha — Bamidele

The Senate Leader, Senator Opeyemi Bamidele, has revealed that the Minister of Education, Dr. Tunji Alausa, played a crucial role in supporting chieftains of the National Democratic Coalition who fled Nigeria during the military regime of the late General Sani Abacha. Bamidele, who represents Ekiti Central in the National Assembly, also disclosed that Alausa declined

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Student loan: NANS urges govt to sack VCs, rectors mismanaging scheme

The National Association of Nigerian Students (NANS) has urged the Federal Government to sack heads of tertiary institutions found to have mismanaged the student loan scheme implemented by the Nigerian Education Loan Fund (NELFUND). NANS National President Olushola Ladoja said this while addressing reporters at the weekend in Abuja. Ladoja said the actions of some

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OPay announces N1.2b 10-year scholarship award to FUTMINNA students

In a continued effort to champion education and empower Nigeria’s youth, OPay, one of the nation’s leading financial institutions, is proud to announce the extension of its N1.2 billion 10-Year Scholarship Initiative to students of the Federal University of Technology, Minna (FUTMINNA).
 
 The scholarship initiative, which aims to alleviate the financial burden on talented students,

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New varsity to make Nigeria aircraft manufacturing hub

The Isaac Balami University of Aeronautics and Management has pledged to transform Nigeria into an aircraft manufacturing hub. Renowned aviator and former National President of Aircraft Pilots and Engineers, Isaac Balami made the pledge after the institution received its provisional licence from the National Universities Commission on Wednesday in Abuja. The pioneering institution, which was

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FUOYE denies complicity in NELFUND deduction

The Federal University Oye-Ekiti (FUOYE), Ekiti State, has denied claims that it was involved in illegal deduction of funds from students’ loans disbursed by the Nigerian Education Loan Fund (NELFUND). The institution’s Public Relations Officer, Mr. Foluso Ogunmodede dismissed the allegations. He described them as false and an attempt to tarnish the university’s reputation. According

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Missing Babcock Varsity Student Found Following Mother’s Emotional Plea

The search for Oladipupo Siwajuola, a student of Babcock University, Ilishan-Remo, ended on a hopeful note after his distraught mother, Fijabi Oyindamola Omotayo, confirmed on Saturday that her son had been found. Omotayo, who had earlier taken to social media in a desperate bid to locate her son, shared the good news in a Facebook

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Anti-graft commission retracts earlier error as NELFUND, NANS defend integrity of student loan scheme

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has walked back its earlier implication of financial discrepancies within the Nigerian Education Loan Fund (NELFUND), clarifying that no fraud or diversion has been established so far in its ongoing investigation into the administration of student loans. The Commission admitted to an error in its

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