The Federal University of Education, Zaria, has received a total of N163,991,400 in education loan support from the Nigerian Education Loan Fund for the 2025/2026 academic session, benefiting 3,215 students.
The institution confirmed receipt of the funds in a letter dated September 3, signed by Vice Chancellor Professor Yahaya Isa Bunkure and addressed to the Managing Director and Chief Executive Officer of NELFUND.
According to the confirmation, the funds were disbursed in eight tranches between December 2025 and February 2026 to support students with the payment of their registration fees for the academic session.
The largest tranche, amounting to N49,126,900, benefited 980 students, while another N39,906,900 was disbursed to 766 students, with further tranches of N20,877,150 for 393 students and N17,203,150 for 318 students.
An additional tranche of N13,660,500 supported 214 students, rounding out the eight disbursements that reached students across the institution during the period under review.
Professor Bunkure expressed appreciation to NELFUND on behalf of the university, students and wider community, describing the support as a major contribution to students and their families amid prevailing economic challenges.
The university confirmed that beneficiary students were issued receipts to promote accountability, transparency and proper documentation of the funds received throughout the disbursement process.
Bunkure further commended NELFUND’s contribution to supporting students, noting that the initiative could have broader social benefits by helping young Nigerians remain engaged in education.
He said the scheme’s continued support would help reduce the pressures associated with economic hardship on students and their families across the country.
By Asiwaju Adekunle Saheed
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