At least 500 students at the University of Ibadan (UI) have been listed as the subjects of an emergency fundraiser.
The students, campus sources tell TheCable, include undergraduates who applied for the federal student loan as far back as May 2024.
In August, the UI management received over N201 million in student loans from the Nigerian Education Loan Fund (NELFund).
The funds were to cover the fees of 1,370 students of the institution who sought loans for the 2023/2024 academic session.
Bolaji Aweda, a student leader at UI, said the fee payment deadline for UI’s 2023/2024 session is set for September 20.
He said undergraduates who applied for student loans, hundreds of whom are yet to be paid, risk being dropped from their programmes.
This, he said, prompted UI’s student body to initiate an emergency fundraiser intended to clear the financial obligations of at least 500.
“They applied at different times. Some in May. Some in June. Others in July and August. A lot of them…