The Nigeria Education Loan Fund (NELFUND) announced that more than 500,000 students have applied for loans through its portal within its first 11 months of operation.
Describing the surge as a major milestone, NELFUND’s Director of Corporate Communications, Oseyemi Oluwatuyi, said it reflects the urgent need for accessible student financing and growing public trust in the fund’s mission to democratize tertiary education access.
Managing Director Akintunde Sawyerr hailed the figure as “a signal of hope for families across Nigeria,” and reaffirmed NELFUND’s commitment to transparency, accessibility, and efficiency as applications continue.
