Student loans cut tertiary dropout rate by 20% — NELFUND boss

Nigerian Tribune | 06-09-2026 11:57pm |

The Managing Director of the Nigerian Education Loan Fund (NELFUND) has announced that the Federal Government's student loan scheme has reduced the dropout rate in tertiary institutions by 20 percent. This statement was made in a recent address, highlighting the positive impact of the loan program on student retention. The scheme aims to provide financial support to students, thereby reducing the financial burden that often leads to dropping out.

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