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flag Nigerian student loans now tied to academic sessions, disbursing ₦86B to over 449K students.

flag The Nigerian Education Loan Fund (NELFUND) now ties student upkeep loans strictly to the academic session of each institution. flag Loans will only be given during the active academic session and stop once the session ends. flag Students must apply at the start of each session to qualify for loans covering both institutional charges and upkeep. flag As of August 21, 2025, NELFUND has disbursed ₦86 billion to over 449,000 students.

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