25 July 2026

Tertiary Institution Staff

Ministries

Tinubu Launches Loan Scheme for Tertiary Institution Staff

The federal government has launched a new support fund for staff of universities, polytechnics and colleges of education. The Tertiary Institutions Staff Support Fund (TISSF) will provide up to ₦10m in interest-free loans to successful applicants, repayable over five years with a one-year grace period. Education Minister Tunji Alausa said the scheme is designed to

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Institutions

Federal Government Introduces Tertiary Institution Staff Support Fund

The Federal Government (FG) has launched the Tertiary Institution Staff Support Fund (TISSF) through the Federal Ministry of Education to provide academic and non-academic staff with access to loans of up to ₦10 million. The loan, capped at 33.3 per cent of tertiary institutions’ staff’s annual salary, is set up to improve the staff’s professional

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