NELFUND Student Loan Policies

Akintunde Sawyerr, Managing Director of the Nigerian Education Loan Fund, refuted claims of political bias in the student loan scheme. He emphasized the electronic application process's neutrality and the overwhelming demand for loans, while also addressing misinformation regardi

Akintunde Sawyerr, Managing Director of NELFUND, refuted claims that the Federal Government’s student loan scheme favors children of APC members, emphasizing that the application process is based on objective eligibility criteria and does not consider political affiliation.

NELFUND has refuted claims that President Bola Tinubu approved life imprisonment for students who default on education loans. The agency clarified that the information circulating online is false and emphasized the repayment terms for beneficiaries of the student loan program.