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Education

NELFUND Disburses Student Loans to 40 Additional Institutions [Full List]

Muhammad A. Aliyu
By Muhammad A. Aliyu
Published: September 7, 2024
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3 Min Read
Nigerian Education Loan Fund (NELFUND)
Nigerian Education Loan Fund (NELFUND)
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The Nigeria Education Loan Fund (NELFUND) has announced the disbursement of student loans to 40 more institutions, bringing the total number of benefiting institutions to 59.

NELFUND in a statement via their X account emphasized its ongoing mission to make quality education accessible to Nigerian students regardless of their financial circumstances.

“NELFUND is pleased to announce that it has successfully disbursed Student Loans to 40 additional institutions, bringing the total disbursements to institutions to 59,” the statement read.

“This expansion marks a significant milestone in NELFUND’s ongoing commitment to providing access to quality education for all Nigerian students, regardless of their financial circumstances.”

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The disbursement amounts to over N2.1 billion, benefiting a total of 18,998 students nationwide.

Below is a table with the full list of institutions and their corresponding loan amounts:

S/NInstitutionStateLoan Amount (₦)
1Federal Polytechnic NekedeImo₦368,400.00
2Michael Okpara University of Agriculture, UmudikeImo₦71,016,220.00
3Delta State University, AbrakaDelta₦45,973,600.00
4Ebonyi State UniversityEbonyi₦78,313,000.00
5Alex Ekwueme Federal University, NdufuAnambra₦193,377,100.00
6Federal University of Health Science Ila OrangunOsun₦7,448,000.00
7Federal University WukariTaraba₦97,398,000.00
8Olabisi Onabanjo UniversityOgun₦7,265,000.00
9University of IbadanOyo₦9,797,450.00
10Osun State UniversityOsun₦218,954,500.00
11Usmanu Danfodio UniversitySokoto₦226,931,440.00
12Zamfara State UniversityZamfara₦2,340,800.00
13Emmanuel Alayande University of EducationOyo₦4,050,500.00
14Federal Polytechnic BaliTaraba₦2,589,000.00
15Federal University of Agriculture AbeokutaOgun₦133,995,450.00
16Federal University of Health Science AzareBauchi₦14,170,000.00
17Federal University GusauZamfara₦218,554,000.00
18Federal University of Technology Ikot-AbasiAkwa Ibom₦6,308,000.00
19Lagos State University of EducationLagos₦14,378,000.00
20Moshood Abiola PolytechnicOgun₦3,485,000.00
21Ogun State Institute of TechnologyOgun₦5,907,998.00
22Tai Solarin University of EducationOgun₦10,802,000.00
23University of IlesaOsun₦98,871,500.00
24University of Port HarcourtRivers₦66,906,030.00
25Gombe State UniversityGombe₦3,621,000.00
26Federal University of Technology BaburaJigawa₦64,565,000.00
27Nigerian Army University, BiuBorno₦45,138,500.00
28Abubakar Tafawa Balewa UniversityBauchi₦256,912,600.00
29Yusuf Maitama Sule UniversityKano₦4,297,178.00
30Bauchi State UniversityBauchi₦12,628,500.00
31Yaba College of TechnologyLagos₦733,000.00
32Hussaini Adamu Federal PolytechnicJigawa₦621,256.80
33Ignatius Ajuru University of EducationRivers₦107,245,000.00
34Federal University of Technology AkureOndo₦34,428,000.00
35Ladoke Akintola UniversityOyo₦8,670,000.00
36Kogi State University, KabbaKogi₦10,820,650.00
37Niger State Polytechnic, ZungeruNiger₦4,535,000.00
38Federal University of Health Science OtukpoBenue₦32,450,844.00
39Abia State UniversityAbia₦12,469,500.00
40Abraham Adesanya PolytechnicOgun₦7,846,500.00
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ByMuhammad A. Aliyu
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Muhammad Ameer Aliyu, is a prolific journalist who joined Okay Nigeria in 2015 with the aim staying committed to bringing more positive growth to the digital news platform. He is the Senior Editor at Okay Nigeria.
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