Students from Kano, Borno and Benue States are the top three applicants of the student loan scheme, data from the Nigerian Education Loan Fund, NELFUND, has revealed.
NELFUND, in a data chart posted via its official X handle, @nelfnigeria yesterday, highlighted the number of applicants per state of origin.
According to the data chart, students originally from Kano State topped the list of applicants with 17,122 applicants; Borno followed suit with 13,798 applicants, while Benue had 11,754 applicants. The three states were the only states with over 11,000 applicants.
The implementation of the student loan scheme is President Bola Tinubu’s flagship project in the education sector.
Barely a month after his inauguration as president, Tinubu signed the Access to Higher Education Act, which creates a legal framework to grant loans to indigent or low-income Nigerians to facilitate the payment of their fees in tertiary institutions.
The law, reenacted earlier this year, created the Nigerian Education Loan Fund.
NELFUND is saddled with the responsibility of handling all loan requests, grants, disbursement and recovery.
The fund, according to the Act, is to be funded from multiple streams and will engage in other productive activities.
Other states and the number of applicants are as follows; Oyo, 8,990; Kaduna, 10,380; Katsina, 10,952; Osun, 8,093; Kogi, 8,400; Plateau, 9,328; Adamawa, 8,977; Kwara, 7,645; Taraba, 8,668; Yobe, 8,966; Ogun, 5,943; Akwa-Ibom, 6,525; Bauchi, 6,517; Kebbi, 6,333; Gombe, 6,121; Niger, 5,804;Jigawa, 5,535; Ondo, 3,854; Nasarawa, 4,789; Ekiti, 3,497; Imo, 2,802; Delta, 2,771; Ebonyi, 2,981; Cross-River, 2,476; Enugu, 2,247.
Others are Abia, 2,170; Lagos, 2,347; Anambra, 1,840; Zamfara, 2,986; Edo, 2,149; Rivers, 2,162; Sokoto, 2,055; Bayelsa, 1,267 and the Federal Capital Territory with 676 applicants.
