The Nigerian Education Loan Fund (NELFUND) has released N89.6 million to the Federal Polytechnic, Bauchi, to support students under the Federal Government’s student loan scheme.
The funding is aimed at providing financial assistance to eligible students of the institution and helping to reduce the financial burden associated with tertiary education.
The intervention is part of NELFUND’s broader efforts to expand access to higher education by ensuring that students from financially constrained backgrounds can continue their studies without being forced to withdraw because of difficulties meeting education-related expenses.
The disbursement is expected to strengthen the implementation of the student loan programme at the institution and provide eligible students with greater financial support throughout their academic programmes.
NELFUND has continued to expand its student financing programme across tertiary institutions in the country as part of efforts to improve access to education and promote inclusive participation in higher education.
The development is expected to provide relief to beneficiaries at the Federal Polytechnic, Bauchi, while supporting the institution’s efforts to ensure students remain focused on their academic pursuits.
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