Why No South-East Student Is Qualified For Student Loan.
CHIGOZIE AMADI
Nigerian Education Loan Fund (NELFUND) has explained why South-East students are yet to benefit from the federal government’s student loan programme.
Yesterday Friday, NELFUND said it disbursed ₦2,946,927,155 (Two billion, Nine hundred and Forty-six million, Nine hundred and Twenty-seven thousand, One hundred and fifty-five naira) to 27,667 students across 19 universities.
NELFUND said geo-political region was not a factor in the loan process.
“It’s important to clarify that geopolitical zones are not a factor in the disbursement process. NELFUND sent a verification list to every institution eligible for disbursement.
“Payments are being made to institutions that have responded to this verification.
Unfortunately, we have not yet received any response from the institutions in the South-East.
We called on stakeholders of the region to work with the federal high institutions’ authority to upload their verification process requested from all schools.
We urge these institutions to complete the verification process so that their students can benefit from the scheme
