No response from South-East institutions on Student loan – NELFUND

Any kind of prejudice in the distribution of student loans to students from colleges across the nation has been refuted by the Nigerian Education Loan Fund.

NELFUND stated that only qualifying institutions received money after responding to an earlier verification list that was issued to them.

This comes after NELFUND on Friday revealed that none of the South-East institutions in the nation were included on the list of 19 beneficiaries, as noted by X user Santiago Leo, who tweeted under the handle #Donaldsplendo.

According to the Federal Government’s body which is saddled with the responsibility of handling all loan requests, grants, disbursement and recovery, a total of N2,946,927,155 of student loans was disbursed to 27,667 students from 19 institutions nationwide.

#Donaldsplendo tweeted, “Not surprised to see SE being neglected once again. No funds were allocated to students in UNIZIK, FUTO, MOUAU, and even the University of Nigeria (UNN). I’m pretty sure a lot of students in those schools applied for the loan just like every other Nigerian scholar One Nigeria una (sic).”

In response, the Fund, tweeting as #NELFUND, wrote, “Thank you for your concern. It is important to clarify that geopolitical zones are not a factor in the disbursement process.

“NELFUND sent a verification list to every institution eligible for disbursement. Payments are being made to institutions that have responded to this verification.

“Unfortunately, we have not yet received any response from the institutions in the South-East. We urge these institutions to complete the verification process so that their students can benefit from the scheme.”