NELFUND Lists MAPOLY, Ibadan Poly,Abia University, DELSU Among 108 Public Institutions Cleared For Student Loan

The Nigerian Education Loan Fund (NELFUND) has listed Ogun State owned, Moshood Abiola Polytechnic Abeokuta and Oyo State owned, The Polytechnic Ibadan as well as Abia State University and Delta State University among 108 government institutions in the country, whose students have been cleared to benefit from the Student Loan Fund 

NELFUND revealed this on its official X page.

According to the statement by NELFUND, these institutions are among the 22 just added to the previously 86 state owned tertiary institutions, to bring the total number cleared to 108

 “The addition of these 22 institutions reflects our commitment to making education accessible to a broader segment of the Nigerian population. We believe that financial barriers should not impede academic progress.” Prior to this, 86 state-owned institutions were cleared, bringing the total number to 108 institutions whose students are now eligible to apply for loans. 

“ Prior to this, 86 state-owned institutions were cleared, bringing the total number to 108 institutions whose students are now eligible to apply for loans. “ 

This expansion according to NELFUND,  follows a review by the committee responsible for the Student Verification System. 

The newly cleared institutions include: 

1. Abia State University, Uturu 

2. College of Education, Nsugbe 

3. Chukwuemeka Odumegwu Ojukwu University 

4. Delta State University, Abraka 

5. Delta State Polytechnic, Otefe-Oghara 

6. Ekiti State Polytechnic, Isan-Ekiti 

7. Kogi State University, Kabba 

8. Prince Abubakar Audu University 

9. Kwara State University 

10. Kwara State College of Health Technology 

11. Abdulkadir Kure University, Minna 

12. Ogun State College of Health Technology, Ilese-Ijebu 

13. Moshood Abiola Polytechnic 

14. Emmanuel Alayande University of Education, Oyo 

15. The Polytechnic, Ibadan 

16. The Oke Ogun Polytechnic, Saki 

17. Rivers State University, Port Harcourt 

18. Kenule Beeson Saro-Wiwa Polytechnic 

19. Shehu Sule College of Nursing and Midwifery, Damaturu 

20. College of Administration, Management and Technology, Potiskum 

 21. College of Agriculture, Science & Technology, Gujba 

 22. College of Education Legal Studies, Nguru 

Students from these institutions can now apply for loans on its portal: http://nelf.gov.ng 

Previously cleared institutions 

Some of the previously cleared institutions include Abia State Polytechnic, Adamawa State University Mubi, Adamawa State Polytechnic Yola, College of Education Afaha Nsit, Akwa Ibom State University, others 

President Bola Tinubu had during the introduction of the student loan policy in June 2023, said that the aim of the initiative was to remove financial barriers and make education accessible to all Nigerian students, regardless of their economic background

A total sum of N50 billion being part of proceed recovered by the Economic and Financial Crime Commissions EFCC from convicted corrupt Nigerians, are being used to kick start the first phase of disbursement to beneficiaries from various public tertiary institutions 

Already N35billion already disbursed to students whose institutions have commenced the 2024/2025 academic session in addition to N20,000 stipends as monthly upkeep for the benefiting students