NELFUND disburses ₦31.3m students’ loan to Kano varsity
Nigerian Education Loan Fund (NELFUND) has disbursed ₦31,335,500 to the Kaduna State College of Education for student loans in the 2025/2026 academic session.
The Nigerian Education Loan Fund (NELFUND) has announced the disbursement of ₦31,335,500.00 to the Kaduna State College of Education in Gidan-Waya, aimed at supporting 479 students during the first batch of the 2025/2026 academic session. The college confirmed the receipt of this substantial loan in a recent statement, marking a significant financial aid opportunity for students pursuing their education in the region. This funding is particularly important as it helps alleviate financial barriers for students, enabling them to focus on their studies without the burden of institutional fees.
The official acknowledgment from the college, signed by the Acting Director of ICT Nyalla Gajere, emphasized the importance and impact of NELFUND’s support for students. The letter expressed gratitude not only towards the Managing Director of NELFUND but also to all the agency’s staff for their commitment to increasing educational accessibility in Nigeria. This funding reflects NELFUND’s ongoing efforts to bolster educational initiatives in the country.
Additionally, the disbursement showcases a growing commitment to educational financing in Nigeria, which is essential for the development of human capital in the nation. By assisting institutions like the Kaduna State College of Education, NELFUND is setting a precedent for similar financial aids that could enhance the educational framework across Nigeria, ultimately contributing to a more educated populace and a stronger workforce in the future.