NELFUND Addresses Concerns Over Student Loan Disbursement
The Nigerian Education Loan Fund (NELFUND) has addressed concerns about student loan disbursements, denying any regional bias in allocations. Observers highlighted that the recent beneficiary list of 19 institutions nationwide lacked Southeastern schools. This discrepancy prompted NELFUND to clarify the situation, emphasizing fairness in the distribution process. Their statement ensures all eligible institutions receive equal opportunities for funding, regardless of location.
Verification Process Key to Loan Disbursement
NELFUND has confirmed that only institutions that responded to a prior verification list have received funds. The process guarantees that all eligible institutions have an equal chance to benefit from the student loan scheme. This initiative aims to support 27,667 students across the country. A total of N2,946,927,155 has been disbursed to facilitate this support.
Public Reactions and Clarifications
User #Donaldsplendo raised concerns on social media about the absence of Southeastern institutions like UNIZIK and UNN from loan recipients. He noted their exclusion from the list, sparking a broader discussion on regional representation. In response, NELFUND reiterated that geopolitical zones do not affect the funding process. The absence of these institutions from the list was due to their non-response to verification requests.
Call for Completion of Verification by Southeastern Institutions
NELFUND has urged educational institutions in the Southeast to complete their verification process to enable their students to benefit from the student loan scheme. The fund remains committed to facilitating educational support across all regions without discrimination.
Continuous Monitoring and Updates
As the situation develops, NELFUND promises to keep the public informed and to provide updates on the disbursement process. They urge all eligible institutions that haven’t yet responded to the verification call to do so promptly. This prompt action will ensure their students do not miss out on available financial aid. Quick response is crucial for accessing these educational funds.
Follow us on Socials: