University of Ibadan confirms receipt of N201m for student loan program

PUNCH

The University of Ibadan has confirmed the receipt of N201m institutional fees remitted by the Nigerian Education Loan Fund for the payment of fees of students who forwarded their applications to the Fund.

The university, in a circular by the Registrar, G.O Salisu, dated August 9, 2024, and addressed to the Office of the Dean of Student Affairs, a copy of which was obtained by our correspondent on Monday, said students who applied for the loans but had earlier paid their fees can now apply for a refund.

It reads, “ The Nigerian Education Loan Fund has remitted the sum of N201m only to the university account for the 2023/2024 academic session. This amount is to cover the fees of 1,370 students of our university who applied for the NELFUND loan.