Student loan not compulsory for tertiary students - Nigerian govt on NELFUND

The Nigerian Education Loan Fund, NELFUND, has clarified that students in Nigerian tertiary institutions are not under compulsion to apply for the federal government’s student loan scheme. The Fund said the interest-free loan was introduced to support students who struggle to pay their education expenses, adding that applying for it should remain a personal decision based on individual financial needs. NELFUND made the clarification in a statement issued on Wednesday and signed by its Director of Strategic Communications, Mrs Oseyemi Oluwatuyi. “The scheme is intended to ensure that no qualified Nigerian student is denied the opportunity to pursue higher education because of financial dif...