NELFUND CALLS FOR LOAN PARTICIPATION FROM SOUTH-SOUTH, SOUTH-EAST REGIONS.
The Nigerian Education Loan Fund (NELFUND) has called on the South-South and South-East regions to increase their participation in the student loan scheme.
The Managing Director of NELFUND, Akintunde Sawyerr, made the call during a stakeholders' engagement session and technical workshop on system automation and loan application process in Abuja.
Emphasizing that NELFUND would not rush disbursements, ensuring adherence to processes to verify applicants' eligibility, he highlighted the importance of stakeholder engagement in shaping the loan platform's evolution and addressing practical challenges.
Sawyer said the workshop aims to modernize and streamline the loan application process, making it more transparent, efficient, and responsive.
Noting that over 576,058 students have registered, with a total application value of ₦170 billion, he urged institutions in the South-South and South-East to enhance sensitization efforts for timely loan applications.
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