The Nigerian Education Loan Fund (NELFUND) has successfully distributed N20,000 monthly stipends for July to 20,371 students across six universities. These stipends are provided in addition to already covered school fees. NELFUND is also working to extend this payment process to students from around 55 more institutions, aiming to complete this within two weeks. The Fund remains dedicated to supporting students’ educational needs and ensuring timely stipend disbursement. Additionally, President has recently allocated 50 billion Naira from recovered funds to further support these efforts.
