The Nigeria Education Loan Fund on Wednesday announced what it described as a significant milestone, receiving the highest number of student loan applications within 24 hours since the launch of its portal on May 25, 2024.
A statement released by the fund in Abuja and made available to our correspondent said, “the fund recorded 9,687 student registrations, with 7,975 completed loan applications on August 7, 2024.”
The statement noted that the surge in “interest highlights the crucial role NELFUND plays in enabling access to higher education” for students facing financial challenges.
It further noted that the high number of applications underscores the pressing need for financial assistance among Nigerian students.
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