NELFUND Disburses ₦2.1 Billion to UNIOSUN, KIU Students

The Nigerian Education Loan Fund (NELFUND) has announced the disbursement of institutional loans to students of Osun State University (UNIOSUN) and Kashim Ibrahim University (KIU) for the 2025/2026 academic session.

In a statement shared on its official X (formerly Twitter) account on Wednesday, the agency revealed that a total of ₦2,109,980,200 had been released to support 7,382 students from both institutions across multiple batches.

Providing a breakdown, NELFUND disclosed that UNIOSUN received ₦2,038,534,000, benefiting 5,924 students across six batches.

For KIU, ₦47,638,900 was disbursed to 955 students in the fifth batch, while the sixth batch saw 503 students receive ₦23,807,300. This brings the total disbursement to KIU to ₦71,446,200 for 1,458 students.

NELFUND noted that the disbursement highlights its commitment to expanding access to higher education in Nigeria, ensuring that eligible students are not denied opportunities due to financial challenges.