NIGERIAN UNIVERSITIES EDUCATION STUDENTS' ASSOCIATION [NUESA]

UNIVERSITY OF ILORIN

2023/2024 ACADEMIC SESSION

PRESS STATEMENT

AUGUST 23, 2024. 

05:30 P.M.

STUDENT LOAN SCHEME

Esteemed NUESALITES!

The student loan program is now live and accessible to all students through a streamlined process, designed to support Nigerian students. Here are the key details you need to know:

Here are the key details you need to know: 👇🏿


💥 . Loan Types

   - Tuition Loan: Covers tuition fees paid directly to your institution.

   - Upkeep Loan: Provides N20,000 per month for 12 months to your account for upkeep.


💥 Eligibility

   Available to students currently enrolled in recognized Federal and State schools.


💥 Required Documents

   - JAMB Registration Number

   - JAMB Admission Letter

   - Institution's Name

   - Matric Number

   - Student ID

   - Department Name

   - Bank Verification Number

   - National Identification Number (NIN)

   - Bank Account Number

   - Email Address


💥 Key Changes

   The 2023 Act has removed barriers such as the need for a guarantor and income requirements. 


 💥 Repayment

   Commences after two years of completing NYSC. You can seek an extension by providing a sworn affidavit in case of unemployment.


💥 Penalties

  Stating incorrect details is a serious offense with a potential three-year jail sentence.


💥 Debt Forgiveness

  Accessible in situations of death or unforeseeable events.


Apply at [https://nelf.gov.ng/](https://nelf.gov.ng/). 


For help, or more information. kindly reach out to:


📲 FRESH [NUESA Executive President] +2348067841887

📲 TOBEX [NUESA PRO 1] +2348134694538‬

 


#Excelerate-DrivenAdministration


Signed:

ADEOYE, Abdulmojeed O.

FRESH

_Executive President_

+2348067841887


Through:

MESIRIN, Olohuntobiloba David

TOBEX

_Public Relations Officer 1_

‪+2348134694538‬


Through:

AJAPE, Abdulquadri Oluwaseun

AJAPE

_Public Relations Officer 2_

+2348143607792


_…Passionate about excellence and a just cause_