Student loans: NELFUND to let parents verify tuition payments

The Nigerian Education Loan Fund (NELFUND) has announced plans to introduce a system that will allow parents to verify whether their children’s school fees have been paid through the government-backed student loan scheme.
The initiative is part of efforts to improve accountability and address cases of alleged double-dipping by students who receive loans from the fund while still relying on their parents to cover tuition costs.
NELFUND Managing Director, Akintunde Sawyerr, disclosed this during a press briefing on Wednesday, saying the fund would no longer tolerate the practice.
“This comment is based on our recognition that there are so many students out there who are double-dipping...