The Managing Director of the Nigerian Education Loan Fund, NELFUND, Mr Akintunde Sawyerr,
has restated the commitment of the Fund in providing inclusive access to loans by all students who gained admission through the Joint Admissions and Matriculation Board, JAMB.
Sawyerr gave the assurance in Abuja at a Stakeholders Engagement Session/Technical Workshop on the Fund’s System Automation and Loan Application Processes.
The clarification is in view of concerns raised by stakeholders from technical institutions over their inability to access the loan within the timelines of their students’ academic programmes.
Sawyerr who acknowledged the initial challenges, said the Fund is working to close the gaps and ensure that technical students access the loan as and when due.
The Nelfund boss also said the Fund has recorded approximately 570,000 registrations, with over 515,000 applicants completing the process.
In a presentation, the Fund’s Executive Director Operations, Mr Iyal Mustapha, urged higher institutions in the country to prioritize data accuracy, timely verification, and effective communication with students.
The workshop, which brought together representatives from polytechnics, monotechnics, and technical institutes, focused on automation of NELFUND’s loan application and processing systems.