Reported by: Oahimire Omone Precious | Edited by: Oravbiere Osayomore Promise.
Students of Ekiti State University (EKSU) have begun receiving financial support from the Nigerian Education Loan Fund (NELFUND) for the 2025/2026 academic session, a move aimed at reducing financial barriers to higher education and ensuring uninterrupted access to learning.
Under the Students’ Loan Programme, EKSU received a total disbursement of ₦434,574,750, which was allocated to 1,340 students in two batches. The first batch, released on February 16, 2026, provided ₦93,949,750 to 270 students, while the second batch, released on February 18, 2026, allocated ₦340,625,000 to 1,070 students. The funds are intended to cover tuition and other statutory charges, easing the financial burden on students and their families.
NELFUND, established to provide student loans and support tertiary education financing, prioritizes both institutional costs and, where requested, allowances to support students’ living expenses. Students were required to submit applications through the NELFUND portal, and the disbursement process involved confirmation of eligibility and compliance with administrative requirements.
University authorities encouraged students to check their loan status and complete any remaining requirements to ensure full access to the funds. Parents and guardians were also urged to guide students in properly utilizing the loans for academic purposes.
The initiative reflects the federal government’s ongoing efforts to expand access to tertiary education, mitigate the impact of rising tuition fees, and promote equitable opportunities for students across Nigeria. Observers note that the programme is part of a broader strategy to maintain continuity in students’ academic pursuits and reduce the risk of educational disruption due to financial constraints.
While the disbursement has been widely welcomed by students and university officials, national conversations continue about the sustainability of the loan programme, particularly in light of increasing institutional charges. Advocates emphasize the need for continuous oversight and support to ensure that the loans remain effective, accessible, and beneficial to students who need them most.
As the programme continues, EKSU students and their families are closely monitoring the impact of the loans on academic continuity, student welfare, and overall access to higher education in the state.
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