FG Reveals 1.2m Beneficiaries, Gives Other Details.

FG Reveals 1.2m Beneficiaries, Gives Other Details.

Nigerian Government has said 1.2 million federal higher students will benefit from the first phase of the Student Loan scheme.

Managing Director/Chief Executive Officer of Nigeria Education Loan Fund, Akintunde Sawyerr, disclosed this ahead of the launch of its portal on Friday, May 24, 2024.

He noted that school fees would be paid directly to students’ institutions.

Sawyerr listed the application requirements, including the admission letter from the Joint Admissions and Matriculation Board, National Identity Number, and Bank Verification Number, and completed application forms from its website.

Recall that President Bola Ahmed Tinubu, on April 3, signed the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024, into law.




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