26 July 2026
TETFUND

51 Nigerian Institutions Accused of Illegal Deductions from Student Loan Funds

At least 51 public tertiary institutions in Nigeria are under scrutiny for making illegal deductions from student loans provided by the Nigerian Education Loan Fund (NELFUND).  Reports reveal that these institutions charged students between N3,500 and N30,000 beyond the approved fees, violating the established guidelines for the loan scheme. Several schools, including the Federal University

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