FG to launch Student Loan Program Thursday


The federal government has said that it will launch the Student Loan Scheme on Thursday, March 14, 2024. 

Special Adviser to the President on Media and Publicity, Mr Ajuri Ngelale, said this during a television programme. 

Ngelale who highlighted some of the President’s welfare initiatives being implemented at the moment, said Tinubu had on June 12, 2023, signed the Access to Higher Education Act, 2023, into law to enable indigent students to access interest-free loans for their educational pursuits in any Nigerian tertiary institution. 

The Act, popularly known as the Students Loan Law, also established the Nigerian Education Loan Fund, which is expected to handle all loan requests, grants, disbursement, and recovery.

 

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