The Nigerian Education Loan Fund, NELFUND, has released comprehensive guidelines for universities, polytechnics, and colleges of education on the implementation of the Federal Government’s landmark Student Loan Scheme.
The guidelines, issued under the Student Loans, Access to Higher Education, Act, 2024, are designed to ensure a transparent, inclusive, and accountable process for Nigerian students seeking financial support for their education.
A statement issued by the Fund’s Director of Strategic Communications, Mrs. Oseyemi Oluwatuyi, on Tuesday, said key provisions of the guidelines include strict eligibility criteria requiring applicants to be Nigerian citizens with valid admission into an Eligible Tertiary Institution, ETI, along with compulsory identification such as NIN, BVN, and JAMB details.