Abuja, Nigeria – Omo, check out this latest gist! The Nigerian Education Loan Fund (NELFUND) don announce say dem go give schools 48 hours to wrap up their student verification wahala.
According to the statement wey Oseyemi Oluwatuyi, director for strategic communications of NELFUND drop for the press on Friday, dem go open di portal from 12:00 a.m. on Sunday, October 12 to 12:00 a.m. on Tuesday, October 14. So, all dem tertiary institutions wey never finish their verification, now na your time to shine!
Mrs. Oluwatuyi dey emphasize say dis extension no be for play o! Na to make sure say all eligible students fit collect their loans without wahala. She talk say if institutions no use dis final chance well, e fit mean say dem go lose out on the current loan cycle, and we sabi say the students go suffer am pass. Nobody wan turn student into ghost for school year!
“Institutions must grab dis chance,” she dey warn. “If you no fit complete the verification, na your students go dey suffer.” Ah, the pressure no go be small!
As the matter dey hot, dem go even publish list of any school wey no meet up. E mean say everybody go dey see who dey slack for di verification matter. Transparency na di name of di game!
In other gists, NELFUND don release sharp ₦107.7 billion to over 581,000 students wey need am to keep their academic dreams alive. Dem don help students cover school fees and upkeep allowances wey dey ginger dem to stay for school instead of dropouts wey dey rain before.
Akintunde Sawyerr, di Managing Director of NELFUND confirm say dis loan na zero interest. Yes o, you hear am right! E mean say no extra money wey go follow you collect di money later. Na better deal for students wey dey face economic wahala. Dem talk say di reason na to make dem no fear di word ‘loan’ anymore and pursue their schooling with joy.
“Before we start NELFUND, many students dey drop out because of sudden financial issues wey dem families dey face. But now, we don see positive result as many more students dey complete their education,” Sawyerr talk. Na true, wey dem dey encourage students to pick courses wey go fit help dem for job market later.
The repayment plan dey sweet too. You no go pay while you dey school or during your NYSC. Dem go start repayment two years after dem don finish NYSC. Even if you lose job, payments go stop. Omo, now dis one na real pay-as-you-earn arrangement!
In all, di NELFUND loan scheme dey shine like star for education finance! With early signs show say e dey help students stay in school, how we go fit no support dis better initiative?
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