70% of UI Students Benefit From NELFUND Loan, Final-Year Student Reveals
About 70 per cent of students at the University of Ibadan (UI) are benefiting from the Nigerian Education Loan Fund (NELFUND) student loan scheme, according to a final-year student of the institution. Olaiya Adewumi, a 600-level Veterinary Medicine student, made the disclosure while speaking with Nigerian comedian and former Big Brother Naija housemate, Dee-One, who visited the university to assess students’ experiences with the Federal Government’s student-loan programme. Adewumi, who is from Ogun State, said she became a beneficiary of the scheme after applying in her final year, despite first learning about the opportunity while she was in 400 level. “Let me say 70 per cent of University of Ibadan students are actually benefiting from the NELFUND loan,” she said. The student also dismissed the perception that applicants require personal connections to access the loan, explaining that the application process is conducted online and can be completed without knowing anyone in governmen...