The Nigerian Education Loan Fund (NELFUND) has approved the disbursement of student loan to successful applicants following its inaugural board meeting on Wednesday, marking a milestone in its mission to support students with financial aid.
A statement signed by its Head, Media and Public Relations, Nasir Ayitogo and obtained from the agency’s X account revealed this on Wednesday.
The Chairman of NELFUND, Jim Ovia and the board approved the immediate disbursement of student loans to successful applicants.
The meeting, attended by the fund’s management and representatives of member organisations, also laid the groundwork for future initiatives to enhance educational opportunities and support students across various disciplines.
The statement read,
“The meeting marked a significant milestone in the organisation’s commitment to empowering students through financial support.
“Under the leadership of of the Board Chairman, Mr. Jim Ovia, top in agenda was the approval for disbursement of student loan to successful applicants.”
According to the statement, this phase aligns with the presidency’s dream of improving the quality of education and making it affordable for all.
