27 July 2026

StudentLoansNigeria

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Reps Direct Tertiary Institutions to Refund Tuition Fees Ahead of NELFUND Disbursements
Legislature

Reps Direct Tertiary Institutions to Refund Tuition Fees Ahead of NELFUND Disbursements

The House of Representatives has directed all tertiary institutions in Nigeria to refund tuition fees paid by students immediately, prior to the disbursement of funds under the Nigerian Education Loan Fund (NELFUND) scheme. The resolution followed the adoption of an urgent motion sponsored by Aliyu Mustapha Abdullahi, who represents the Ikara/Kubau Federal Constituency of Kaduna

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TETFUND

NELFUND Disburses Over N116bn in Student Loans Amidst Calls for Transparency

The Nigerian Education Loan Fund (NELFUND) has disbursed over N116 billion in student loans as of January 1, 2025, benefiting thousands of students across the country.  This was revealed during the agency’s budget defence session before the National Assembly Joint Committee on Tertiary Institutions and TETFUND in Abuja.  Out of the total disbursed amount, N37.7

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TETFUND

NOA Targets Universities, Banks Over Alleged Student Loan Mismanagement

The National Orientation Agency (NOA) has intensified efforts to address alleged irregularities in the disbursement of student loans under the Nigeria Education Loan Fund (NELFUND).  Investigations have uncovered instances where some universities and banks reportedly withheld or delayed approved loan disbursements, raising concerns about transparency and accountability in the scheme. The student loan initiative, re-enacted

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