The Nigerian Education Loan Fund (NELFUND) has disbursed a total of ₦28.72 million to Sule Lamido University, Kafin Hausa, Jigawa State, under the Federal Government’s student loan programme, providing financial support to 522 students for the 2025/2026 academic session.
The disbursement was confirmed in an official acknowledgement letter issued by the university’s Students’ Affairs Division and addressed to the Managing Director and Chief Executive Officer of NELFUND.
According to the document, the university received a cumulative sum of ₦28,721,500 through four separate payment tranches covering the sixth, seventh, eighth and ninth batches of beneficiaries under the student loan scheme.
Four Tranches Cover More Than 500 Students
Details contained in the letter show that the funds were released in stages between March and April 2026.
The sixth batch accounted for ₦6,271,500 and covered 195 students, while the seventh batch provided ₦3,844,250 for 129 students.
A smaller eighth batch saw 19 students receive support amounting to ₦637,000. The largest allocation came under the ninth batch, where ₦17,968,750 was disbursed to 179 students.
Combined, the four tranches brought the total number of beneficiaries to 522 students.
University officials described the payments as the sixth, seventh, eighth and ninth — and final — disbursements received from NELFUND for the academic year.
University Commends NELFUND’s Support
In the acknowledgement letter dated May 29, 2026, the institution expressed appreciation for the intervention and its impact on students.
The university noted that the funding would help ease financial pressures on beneficiaries and enable them to continue their academic pursuits without the burden of immediate tuition-related costs.
Officials also thanked NELFUND for its continued collaboration with higher education institutions across the country and expressed hope that the programme would continue to expand in future academic sessions.
Growing Reach of Nigeria’s Student Loan Programme
NELFUND was established by the Federal Government to improve access to tertiary education by providing interest-free loans to eligible Nigerian students.
The initiative forms part of broader efforts to reduce financial barriers to higher education and increase enrolment and retention rates across universities, polytechnics and colleges of education.
Since the programme became operational, thousands of students across the country have applied for financial assistance to cover tuition and related educational expenses.
The fund has continued to roll out disbursements to institutions as applications are processed and approved.
The latest payment to Sule Lamido University adds to a growing list of tertiary institutions receiving support under the scheme, highlighting the expanding reach of the student loan programme as it enters another academic cycle.
