The Nigerian Education Loan Fund (NELFUND) has noted with concern reports of some tertiary institutions delaying or refusing to refund students whose tuition fees had already been paid before NELFUND disbursements, as well as arbitrary increases in tuition and other institutional charges.
The Student Loan Scheme, an initiative of the administration of President Bola Ahmed Tinubu, GCFR, was established to remove financial barriers to higher education, not to create additional burdens for Nigerian students.
This was contained in a statement by Director, Strategic Communications
Nigerian Education Loan Fund (NELFUND), Oseyemi Oluwatuyi.
NELFUND is engaging the affected institutions and relevant authorities to ensure that due refunds are made to eligible students and that institutional charges remain fair, transparent, and consistent with the objectives of the Scheme.
NELFUND remains committed to protecting the interests of students and preserving the integrity of this landmark national intervention.
