Fees and loans
NELFUND confirms student loans are voluntary after Enugu college memo
Read the official directive on whether you must apply for the federal loan scheme this session.
NELFUND has issued a statement to clarify that its student loan scheme is voluntary, not compulsory, for Nigerian tertiary students. The clarification follows a viral memo from the Enugu State College of Education, Technical, that directed all students to enrol in the loan programme for the 2026/2027 session. NELFUND stressed that students who do not need financial assistance are under no obligation to apply, and that making the loan compulsory would contradict the purpose of removing financial barriers.
The fund asked colleges, student leaders and other stakeholders to provide accurate information and guide eligible students. It reminded beneficiaries that loans must be repaid according to the Student Loans Act and advised students to understand the terms before applying.
Source: Nairametrics.
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