UPDATED: NELFUND receives 30,000 applications for student loan

, Akintunde Sawyerr, has said 60, 000 students from Federal tertiary institutions have registered for the student loan scheme since the launch of the portal last week Friday.He said the agency will start receiving applications from students of state-owned tertiary institutions in three weeks.

The NELFUND boss urged heads of the state – owned institutions to start uploading details of their students on its portal. How to apply for student loan in NigeriaThe loan, which is an equivalent of the tuition fees of the benefitting students, will be paid directly to their institutions. But stipends would be paid directly to beneficiaries on a monthly basis to assist them buy other things that can make them comfortable while pursuing their education.

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