{"id":119107,"date":"2024-05-21T10:09:36","date_gmt":"2024-05-21T09:09:36","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/student-loan-nigerian-govt-reveals-1-2m-beneficiaries-gives-other-details"},"modified":"2024-05-21T13:13:48","modified_gmt":"2024-05-21T12:13:48","slug":"student-loan-nigerian-govt-reveals-1-2m-beneficiaries-gives-other-details","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/student-loan-nigerian-govt-reveals-1-2m-beneficiaries-gives-other-details","title":{"rendered":"Student Loan: Nigerian Govt reveals 1.2m beneficiaries, gives other details"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>The Nigerian Government has said 1.2 million federal higher students will benefit from the first phase of the Student Loan scheme.<\/p>\n

Managing Director\/Chief Executive Officer of Nigeria Education Loan Fund, Akintunde Sawyerr, disclosed this on Monday ahead of the launch of its portal on Friday, May 24, 2024.<\/p>\n

He noted that school fees would be paid directly to students\u2019 institutions.<\/p>\n

Sawyerr listed the application requirements, including the admission letter from the Joint Admissions and Matriculation Board, National Identity Number, and Bank Verification Number, and completed application forms from its website.<\/p>\n

\u201cThe loan application process has been streamlined to ensure easy access for all eligible students in federal tertiary institutions.<\/p>\n

\u201cThe fees for the institution will be paid not to the students but to the institution.<\/p>\n

\u201cThere are approximately 1.2 million students in federal tertiary institutions owned by the government. Today, by inference, 1.2m students maximum at the federal level (will benefit), but there might be an opportunity to increase the capacity in terms of more institutions. When we bring in state-owned institutions, the numbers can go up.\u201d<\/p>\n

Recall that President Bola Ahmed Tinubu, on April 3, signed the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024, into law.<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. The Nigerian Government has said 1.2 million federal higher students will benefit from the first phase of the Student Loan scheme. Managing Director\/Chief Executive Officer of Nigeria Education Loan Fund, Akintunde Sawyerr, disclosed this on Monday ahead of the launch of its portal on Friday, May 24, 2024. He noted that school […]<\/p>\n","protected":false},"author":84,"featured_media":119106,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[1570,2140,254,13575],"class_list":["post-119107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-nigeria-2","tag-nigeria","tag-student-loan"],"yoast_head":"\nStudent Loan: Nigerian Govt reveals 1.2m beneficiaries, gives other details - Nigeria<\/title>\n<meta name=\"description\" content=\"The Nigerian Government has said 1.2 million federal higher students will benefit from the first phase of the Student Lo ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/student-loan-nigerian-govt-reveals-1-2m-beneficiaries-gives-other-details\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Student Loan: Nigerian Govt reveals 1.2m beneficiaries, gives other details\" \/>\n<meta property=\"og:description\" content=\"The Nigerian Government has said 1.2 million federal higher students will benefit from the first phase of the Student Lo ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/student-loan-nigerian-govt-reveals-1-2m-beneficiaries-gives-other-details\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-21T09:09:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-21T12:13:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/05\/sm_1716277025.764798.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"1000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/student-loan-nigerian-govt-reveals-1-2m-beneficiaries-gives-other-details#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/student-loan-nigerian-govt-reveals-1-2m-beneficiaries-gives-other-details\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Student Loan: Nigerian Govt reveals 1.2m beneficiaries, gives other details\",\"datePublished\":\"2024-05-21T09:09:36+00:00\",\"dateModified\":\"2024-05-21T12:13:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/student-loan-nigerian-govt-reveals-1-2m-beneficiaries-gives-other-details\"},\"wordCount\":219,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/student-loan-nigerian-govt-reveals-1-2m-beneficiaries-gives-other-details#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/05\/sm_1716277025.764798.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"Nigeria\",\"student loan\"],\"articleSection\":[\"all news\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/student-loan-nigerian-govt-reveals-1-2m-beneficiaries-gives-other-details#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/student-loan-nigerian-govt-reveals-1-2m-beneficiaries-gives-other-details\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/student-loan-nigerian-govt-reveals-1-2m-beneficiaries-gives-other-details\",\"name\":\"Student Loan: Nigerian Govt reveals 1.2m beneficiaries, gives other details - 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