{"id":124655,"date":"2024-07-18T11:39:01","date_gmt":"2024-07-18T10:39:01","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/110000-nigerian-students-to-get-credit-alert-next-week-nelfund"},"modified":"2024-07-18T12:48:44","modified_gmt":"2024-07-18T11:48:44","slug":"110000-nigerian-students-to-get-credit-alert-next-week-nelfund","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/110000-nigerian-students-to-get-credit-alert-next-week-nelfund","title":{"rendered":"110,000 Nigerian students to get credit alert next week \u2013 NELFUND"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>The Nigerian Education Loan Fund has said 110,000 successful beneficiaries of the student loan scheme will start receiving credit alerts from next week following President Bola Tinubu\u2019s official launch of disbursement.<\/p>\n

NELFUND Managing Director, Akintunde Sawyerr disclosed on Wednesday in an Interview with Channels Television.<\/p>\n

His update comes after President Tinubu at the presidential villa on Wednesday handed symbolic cheques to beneficiaries.<\/p>\n

Sawyerr noted that the Fund currently has N35 billion in financial backing from the Nigerian government.<\/p>\n

\u201cThe people who are going to first receive alerts as early as next week are the people who are about to start a new session in the institution they are in,\u201d NELFUND Managing Director Akintunde Sawyerr said on Channels Television\u2019s Politics Today on Wednesday.<\/p>\n

\u201cA formal launch of the disbursement circle played out at the State House on Wednesday,\u201d he said.<\/p>\n

\u201cTo be precise, about 110,000 students have successfully applied. They\u2019ve put in their applications and verified as being bona fide and eligible applicants.<\/p>\n

\u201cBut we\u2019ll still carry out further verification to make sure they are well-qualified to receive these loans. But over 110,000 are likely to begin to receive disbursement from next week.<\/p>\n

\u201cCurrent exposure to students is about N35bn\u201d, he said.<\/p>\n

Recall that in April, Tinubu signed the reviewed Student Loan Act which marked its official kickoff.<\/p>\n

NELFUND began the scheme with 1.2 million students from Federal Tertiary institutions and currently commenced phase two with State-owned institutions.<\/p>\n

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

Africa-Press – Nigeria. The Nigerian Education Loan Fund has said 110,000 successful beneficiaries of the student loan scheme will start receiving credit alerts from next week following President Bola Tinubu\u2019s official launch of disbursement. NELFUND Managing Director, Akintunde Sawyerr disclosed on Wednesday in an Interview with Channels Television. His update comes after President Tinubu at […]<\/p>\n","protected":false},"author":84,"featured_media":124654,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,29,28,14,2660],"tags":[14034,254],"class_list":["post-124655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","category-to-homepage","tag-nelfund","tag-nigeria"],"yoast_head":"\n110,000 Nigerian students to get credit alert next week \u2013 NELFUND - Nigeria<\/title>\n<meta name=\"description\" content=\"The Nigerian Education Loan Fund has said 110,000 successful beneficiaries of the student loan scheme will start receivi ...\" \/>\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\/110000-nigerian-students-to-get-credit-alert-next-week-nelfund\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"110,000 Nigerian students to get credit alert next week \u2013 NELFUND\" \/>\n<meta property=\"og:description\" content=\"The Nigerian Education Loan Fund has said 110,000 successful beneficiaries of the student loan scheme will start receivi ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/110000-nigerian-students-to-get-credit-alert-next-week-nelfund\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-18T10:39:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-18T11:48:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/07\/sm_1721290471.398669.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"612\" \/>\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=\"2 minutes\" \/>\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\/110000-nigerian-students-to-get-credit-alert-next-week-nelfund#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/110000-nigerian-students-to-get-credit-alert-next-week-nelfund\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"110,000 Nigerian students to get credit alert next week \u2013 NELFUND\",\"datePublished\":\"2024-07-18T10:39:01+00:00\",\"dateModified\":\"2024-07-18T11:48:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/110000-nigerian-students-to-get-credit-alert-next-week-nelfund\"},\"wordCount\":259,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/110000-nigerian-students-to-get-credit-alert-next-week-nelfund#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/07\/sm_1721290471.398669.jpg\",\"keywords\":[\"NELFUND\",\"Nigeria\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"Policy\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/110000-nigerian-students-to-get-credit-alert-next-week-nelfund#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/110000-nigerian-students-to-get-credit-alert-next-week-nelfund\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/110000-nigerian-students-to-get-credit-alert-next-week-nelfund\",\"name\":\"110,000 Nigerian students to get credit alert next week \u2013 NELFUND - 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