{"id":972,"date":"2025-02-05T04:03:41","date_gmt":"2025-02-05T04:03:41","guid":{"rendered":"https:\/\/giftconsult.com.ng\/?p=972"},"modified":"2025-02-05T04:03:45","modified_gmt":"2025-02-05T04:03:45","slug":"nelfund-issues-disclaimer-notice-to-general-public-on-student-loan-disbursement-figures","status":"publish","type":"post","link":"https:\/\/giftconsult.com.ng\/blog\/nelfund-issues-disclaimer-notice-to-general-public-on-student-loan-disbursement-figures\/","title":{"rendered":"NELFUND ISSUES DISCLAIMER NOTICE TO GENERAL PUBLIC ON STUDENT LOAN DISBURSEMENT FIGURES"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Nigerian Education Loan Fund (NELFUND) has debunked reports claiming that over N104 billion has been disbursed to 600 beneficiaries under the Student Loan Scheme.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In a statement, NELFUND revealed that as of February 3, 2025, it has received 364,042 student loan applications. The organization has disbursed N20.074 billion for institutional fees, benefiting 192,906 students across various tertiary institutions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Additionally, NELFUND has disbursed N12.818 billion for upkeep, supporting 169,114 students with a monthly stipend of N20,000.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The management of NELFUND expressed appreciation for the support of President Bola Ahmed Tinubu in making higher education accessible to deserving Nigerian students.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">NELFUND reiterated its commitment to transparency and efficiency in managing the student loan scheme, promising to provide accurate updates as disbursements progress.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/nelf.gov.ng\">https:\/\/nelf.gov.ng<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"939\" height=\"1024\" src=\"https:\/\/giftconsult.com.ng\/blog\/wp-content\/uploads\/2025\/02\/475850868_648205854220310_7064139622399218646_n-939x1024.jpg\" alt=\"\" class=\"wp-image-973\" srcset=\"https:\/\/giftconsult.com.ng\/blog\/wp-content\/uploads\/2025\/02\/475850868_648205854220310_7064139622399218646_n-939x1024.jpg 939w, https:\/\/giftconsult.com.ng\/blog\/wp-content\/uploads\/2025\/02\/475850868_648205854220310_7064139622399218646_n-275x300.jpg 275w, https:\/\/giftconsult.com.ng\/blog\/wp-content\/uploads\/2025\/02\/475850868_648205854220310_7064139622399218646_n-768x838.jpg 768w, https:\/\/giftconsult.com.ng\/blog\/wp-content\/uploads\/2025\/02\/475850868_648205854220310_7064139622399218646_n-600x655.jpg 600w, https:\/\/giftconsult.com.ng\/blog\/wp-content\/uploads\/2025\/02\/475850868_648205854220310_7064139622399218646_n-750x818.jpg 750w, https:\/\/giftconsult.com.ng\/blog\/wp-content\/uploads\/2025\/02\/475850868_648205854220310_7064139622399218646_n.jpg 990w\" sizes=\"(max-width: 939px) 100vw, 939px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The Nigerian Education Loan Fund (NELFUND) has debunked reports claiming that over N104 billion has been disbursed to 600 beneficiaries under the Student Loan Scheme. In a statement, NELFUND revealed that as of February 3, 2025, it has received 364,042 student loan applications. The organization has disbursed N20.074 billion for institutional fees, benefiting 192,906 students [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":974,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[72],"tags":[],"class_list":["post-972","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nelfund"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NELFUND ISSUES DISCLAIMER NOTICE TO GENERAL PUBLIC ON STUDENT LOAN DISBURSEMENT FIGURES | Gift Consult<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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