The Nigerian Education Loan Fund (NELFUND) will periodically review the N20,000 monthly stipend for students based on economic conditions, according to Director of Corporate Communications Oseyemi Oluwatuyi. The Fund recently provided this stipend to over 20,000 students and offers additional upkeep loans. Oluwatuyi confirmed that the stipend could be adjusted in response to economic changes. Regarding students who were sent out of exams due to unpaid fees, NELFUND will cover fees starting from the next academic session but will not cover past fees.
https://punchng.com/nelfund-plans-review-of-n20000-students-loan
