June 30, 2025

NELFUND

Loans

NELFUND: Over 366,000 Nigerian students receive N73.1 billion student loans from inception 

The Nigerian Education Loan Fund (NELFUND) has disbursed N73.1 billion in student loans to 366,247 Nigerian students since its loan opened in May 2024. NELFUND revealed this in its Student Loan Disbursement Dashboard, covering data up to June 28, 2025. As of June 28, 2025, NELFUND has disbursed N38.26 billion for institutional fees and N34.85

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