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Federal vs Private
Know the protections—and tradeoffs—before you borrow or refinance.
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Graduates could get student loan relief as Treasury reviews repayment freeze
4+ hour, 23+ min ago (620+ words) Ministers have also agreed to explicitly clarify that loan conditions can be altered by future administrations The Treasury has refused to rule out unfreezing the earnings threshold for university graduates, stating that all elements of the student finance system remain…...
'N355.9bn NELFUND loans at risk as repayment nears"
5+ day, 43+ min ago (691+ words) ABUJA — About N355.87 billion disbursed by the Nigeria Education Loan Fund, NELFUND, could face recovery challenges when repayments begin unless the Federal Government urgently strengthens the scheme’s repayment architecture, a higher education policy think tank has warned. The iRead To Live…...
NELFund Speaks On Students Loan Defaulters Facing Life Imprisonment
6+ day, 51+ min ago (246+ words) The Nigerian Education Loan Fund (NELFUND) has dismissed a viral claim that President Bola Tinubu approved life imprisonment for students who fail to repay their education loans after graduation. Naija News reports that the the clarification was issued on Sunday…...
Student loan system canât detect party affiliation â NELFUND - TheStar
5+ day, 20+ hour ago (475+ words) The Nigerian Education Loan Fund (NELFUND) has dismissed allegations that its student loan scheme favours applicants based on their political, ethnic or religious affiliations. NELFUND Managing Director and Chief Executive, Akintunde Sawyerr, described the allegation as “completely ridiculous”, insisting that…...
Students Wouldn???t Face Life Imprisonment Over Unpaid loans -NELFUND
5+ day, 18+ hour ago (203+ words) The Nigerian Education Loan Fund (NELFUND) has dismissed as false a viral report claiming that students who fail to repay their education loans after graduation would face life imprisonment. In a post shared on its official X account on Sunday,…...
NELFUND Dismisses Allegations of Partisan Bias in Student Loan Disbursements
5+ day, 19+ hour ago (289+ words) NELFUND Managing Director Akintunde Sawyerr has rejected claims that the federal student loan scheme operates to favor supporters of the ruling APC. Akintunde Sawyerr, Managing Director and Chief Executive Officer of NELFUND, addressed the controversy on Sunday during a nationwide…...
Student loan has no political bias — NELFUND boss
5+ day, 21+ hour ago (412+ words) The Managing Director and Chief Executive Officer, NELFUND, Akintunde Sawyerr. The Managing Director and Chief Executive of the Nigerian Education Loan Fund, Akintunde Sawyerr, has debunked claims that the student loan scheme is biased. Sawyerr noted that it was “completely…...
NELFUND denies favouring APC children in student loan scheme
5+ day, 23+ hour ago (503+ words) Monday, September 7, 2026 07 September 2026 9:00 am WAT Managing Director of NELFUND, Mr. Akintunde Sawyerr NELFUND Managing Director and Chief Executive Officer, Akintunde Sawyerr, described the claim as unfounded, insisting that the student loan scheme operates without political, religious or other forms of…...
NELFUND Rejects Claims Student Loans Favour APC Members’ Children
5+ day, 23+ hour ago (391+ words) Sawyerr, while speaking on Channels Television’s Sunday Politics, labelled the claim as a “completely ridiculous idea”, adding that the electronic application system makes it difficult to identify or favour applicants based on their political affiliations. He questioned how NELFUND could…...
NELFUND says student loan demand overwhelming, has disbursed N162 billion in upkeep allowances
5+ day, 20+ hour ago (264+ words) Nigerian Education Loan Fund chief executive Akintunde Sawyerr says demand for student loans has been overwhelming, with N162 billion already disbursed in upkeep allowances. He defended the scheme's broad eligibility and dismissed claims of political bias, saying repayment will follow what…...