NELFUND Clarifies Disbursement Process Amid Concerns Over South-East Institutions

NELFUND Clarifies Disbursement Process Amid Concerns Over South-East InstitutionsThe Nigerian Education Loan Fund (NELFUND) has addressed growing concerns regarding the disbursement of educational loans, particularly in relation to institutions in the South-East geopolitical zone. In a tweet on their official Twitter handle, NELFUND clarified that geopolitical zones do not play a role in the disbursement process.

According to the statement, NELFUND has sent verification lists to all institutions eligible for disbursement across the country. Payments are currently being made to those institutions that have responded to this verification. However, the fund highlighted that they have not yet received any responses from institutions in the South-East region.

“We urge these institutions to complete the verification process so that their students can benefit from the scheme,” NELFUND stated, emphasizing the importance of institutional participation in ensuring that students from all regions have access to the educational loans.

The call to action from NELFUND underscores the urgency for institutions in the South-East to engage in the verification process. By doing so, they can enable their students to access much-needed financial support for their education.

This clarification from NELFUND comes at a time when there is heightened sensitivity about equitable access to educational resources across different regions of Nigeria. The fund’s assurance that all regions are being treated equally in the disbursement process aims to dispel any concerns of bias.

As the situation develops, students and stakeholders from the South-East are hopeful that their institutions will promptly complete the necessary verification steps to unlock these educational funds.