.gdpr{position: fixed; top: 0; bottom: 0; left: 0; right: 0; background: rgba(0, 0, 0, 0.7);color: #333;z-index:9999999;line-height:1.3;height: 100vh;width: 100vw} .gdpr_w{padding: 2rem;background: #fff;max-width: 700px;width: 95%;margin: 5% auto;text-align: center;position:fixed;left: 0;right: 0;margin:10% auto;} .gdpr_t{margin-bottom:15px;} .gdpr_t h3{font-size: 30px;margin:0px 0 10px 0;} .gdpr_t p{font-size: 16px;line-height: 1.45;margin:0;} .gdpr_x {position: absolute; right: 24px; top: 16px; cursor:pointer;} .gdpr_yn{margin-top:10px;} .gdpr_yn form{display: inline;} .gdpr_yn button{background: #37474F;border: none;color: #fff;padding: 8px 30px;font-size: 13px;margin: 0 3px;} .gdpr_yn .gdpr_n{background: #fff;color: #222;border: 1px solid #999;} amp-consent{margin-left: 10px;top: 2px;width: auto;background: transparent;} .gdpr_fmi{ width:100%; font-size: 15px; line-height: 1.45; margin: 0; } #footer .gdpr_fmi span, .gdpr_fmi span { display: inline-block; } #footer .gdpr_fmi a{ color: #005be2; } @media(max-width:768px){ .gdpr_w{width: 85%;margin:0 auto;padding:1.5rem;} } @media(max-width:700px){ .gdpr_w{margin:0 auto; width: 85%;} } .gdpr_fmi a:before{ display:none; } .gdpr_w{width:100%;} .f-w-f2 { padding: 50px 0px; } footer amp-consent.amp-active { z-index:9999; display: initial; position: inherit; height:20px; width:100%; } body[class*="amp-iso-country-"] .amp-active{ display: contents; } #post-consent-ui { position: fixed; z-index: 9999; left: 45%; margin-top: 10px; top: 0; } amp-web-push-widget button.amp-subscribe { display: inline-flex; align-items: center; border-radius: 5px; border: 0; box-sizing: border-box; margin: 0; padding: 10px 15px; cursor: pointer; outline: none; font-size: 15px; font-weight: 500; background: #4A90E2; margin-top: 7px; color: white; box-shadow: 0 1px 1px 0 rgba(0, 0, 0, 0.5); -webkit-tap-highlight-color: rgba(0, 0, 0, 0); } .amp-logo amp-img{width:190px} .amp-menu input{display:none;}.amp-menu li.menu-item-has-children ul{display:none;}.amp-menu li{position:relative;display:block;}.amp-menu > li a{display:block;} /* Inline styles */ div.acss138d7{clear:both;}div.acsseb66a{background:transparent url(https://spectacle.com.ng/wp-content/uploads/2024/06/FB_IMG_1717931175488-150x150.jpg) no-repeat scroll 0% 0%;height:150px;max-width:150px;}div.acss6bdea{color:#333333;font-family:Arial;font-size:12px;height:75px;}div.acssc6007{background:transparent url(https://spectacle.com.ng/wp-content/uploads/2024/04/20240329_1215322-150x150.jpg) no-repeat scroll 0% 0%;height:150px;max-width:150px;} .icon-widgets:before {content: "\e1bd";}.icon-search:before {content: "\e8b6";}.icon-shopping-cart:after {content: "\e8cc";}

Education

Student Loans to Be Released in Alignment with Academic Timelines

The Nigerian Education Loan Fund (NELFUND) announced that student loans under its scheme will be disbursed based on the academic calendars of respective institutions.

Nasir Ayitogo, Head of Media and Public Relations at NELFUND, confirmed this in an interview in Abuja on Friday. “Funds will be disbursed according to each institution’s academic calendar. It will be disbursed at the beginning of the new academic session,” Ayitogo stated.

Two weeks ago, the NELFUND board approved the disbursement of student loans to successful applicants during its inaugural board meeting in Abuja. This marks a significant milestone in NELFUND’s mission to support students with financial aid.

Under the leadership of Chairman Jim Ovia, the board authorized the immediate disbursement of loans to qualified applicants.

President Bola Tinubu signed the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024, into law on April 3. This followed separate considerations by both the Senate and the House of Representatives of the report from the Committee on Tertiary Institutions and the Tertiary Education Trust Fund.

Tinubu Approves ₦35 Billion for Student Loan Scheme

Tinubu Appoints NELFund Management Team for Student Loan System

The Spectacles

The Spectacle is an online news platform that covers Nigeria. We are your one-stop Nigerian portal for all Nigerian news – politics, education, Opinion and Zamfara current affairs