The university said the loan was paid into its account.
NELFUND has released the list of six institutions that have received its disbursement of N2,026,163,340 as institutional fees.
NELFUND has announced onboarding an additional 12 state government-owned tertiary institutions to the student loan application portal.
NELFUND has opened the application portal for the first phase of the student loan scheme, which is open to students from federal institutions.
He added that the portal provides a user-friendly interface for students to submit their loan applications conveniently.
NELFUND has urged students to exercise caution and verify the legitimacy of any Website or service claiming to represent the organisation.
“The school fee will be paid to the institution on behalf of the student and the stipend directly to student’s account,” NELFUND said.
Mr Ngelale said that this was in line with Mr Tinubu’s determination to secure Nigeria’s socio-economic.
“We wish to state that it is not indefinite, as alluded to in the reports.”
The NITDA boss commended the work put into developing the NELFUND portal, suggesting it should be mobile-friendly for easy accessibility.
