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Student Loan

On June 12, 2023, President Bola Tinubu enacted the Access to Higher Education Act, 2023, which provides interest-free loans to financially disadvantaged students for their studies at any Nigerian university or college. The Managing Director of the Nigerian Education Loan Fund (NELFUND), Akintunde Sawyerr, announced that the federal government’s student loan scheme would be extended […]

The Academic Staff Union of Universities (ASUU), Bauchi State zone, has taken a strong stance against student loans, advocating instead for government-funded grants to support students’ education. The union expressed concerns about the financial burden that loans place on students and their families, potentially leading to increased dropout rates. The ASUU Zonal body is currently […]