.jpeg)
The Vice-Chancellor of the University of Ilorin, Prof. Wahab Egbewole, has said that 2,973 students of the institution have benefited from the Nigerian Education Loan Fund.
According to the university’s bulletin released on Monday, Egbewole confirmed that Unilorin received two tranches of the loan, with ₦52,879,000 disbursed to 802 students in the first phase and ₦219,407,320 allocated to 2,171 students in the second.
PUNCH Online gathered that over 10,000 students of the university applied for an education loan to enable them to meet their financial obligations in the pursuit of their educational career.
While hoping that NELFUND will provide a third tranche to cater for more students, Egbewole said, “the institution hopes to improve on the first two tranches as more than 10,000 students have applied for the NELFUND loan.”
Egbewole, however, called on the management of NELFUND to streamline the loan disbursement process, citing challenges relating to the Remita payment system.
.jpeg)
.jpeg)
.jpeg)
.jpeg&description=NELFUND disburses N372.28m loan to 2,973 UNILORIN students – VC){kind=link}
FOLLOW US ON;