Introduction Higher education in Nigeria has become increasingly expensive. Many students now face difficulties paying tuition fees, securing accommodation, buying textbooks, and covering daily living costs. For a large number of families, these expenses are no longer manageable. To address this challenge, the Federal Government introduced the Nigerian Education Loan Fund, commonly known as NELFUND. The programme is designed to provide financial assistance to students in public tertiary institutions who meet specific requirements. NELFUND offers interest-free loans that can help cover tuition fees and, in some cases, additional living expenses. This guide explains how the system works, who qualifies, how to apply, and what students should understand before making use of it. What NELFUND Means The Nigerian Education Loan Fund is a government-supported financial scheme created under the Student Loan Act. Its main goal is to ensure that qualified students are not forced to abandon their e...
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