Student loan: NANS issues 48-hour ultimatum to institutions for submission of students’ data to NELFUND
A 48-hour ultimatum has been issued by the National Association of Nigerian Students(NANS) to public institutions to submit their students’ data to the Nigerian Education Loan Fund, NELFUND, to process students’ loan applications.
According to reports, the student body said the inability of some institutions to submit the required data denies the students the chance to apply for the loan.
Lucky Emonefe, the National President of the association, on Monday said the ultimatum became necessary because of the July 12 deadline issued by NELFUND for institutions to upload the data on their portal.
“The leadership of the National Association of Nigerian Students, NANS, is appalled by the update from the Nigerian Education Loan Fund, NELFUND, stating that many higher institutions have failed to upload their students’ data on the board’s portal.
“This comes in light of the deadline of July 12, 2024, issued by the management of NELFUND for the submission of students’ data.
“NANS frowns at this development as it shows a lack of commitment and urgency on the part of the remaining state higher institutions in Nigeria. NELFUND was established to provide interest-free loans to students in need, and it is disheartening to see that some institutions are not taking advantage of this limited opportunity for their students.
“We call on the management of these institutions to prioritize the uploading of their student’s data on the loan board portal before the deadline. Education is a fundamental right, and every student deserves access to financial support to further their studies.
“NANS will continue to monitor the situation closely and call on the remaining institutions to immediately ensure that all students have the opportunity to benefit from this loan scheme. We will not stand by and allow any student to be denied access to education due to administrative negligence.
“Failure to make this provision available to the NELFUND portal within the next 48 hours will leave us with the only option of rolling out our action plans against the erring institutions,” Emonefe said.
