Kashim Ibrahim University (KIU), Maiduguri, Borno State, has formally acknowledged the receipt of institutional student loan funds disbursed by the Nigerian Education Loan Fund (NELFUND) for the 2025/2026 academic session. The acknowledgement, dated December 12, 2025, confirms that the intervention covers 4,361 students of the university under the Federal Government’s Students Loan Programme.
According to the official letter issued from the Office of the Vice-Chancellor, KIU received a total sum of ₦191,715,500 from NELFUND. The amount represents the loan payment for the first batch of beneficiaries in the institution, marking a significant milestone in easing the financial burden faced by students, particularly in the North-East region.
The acknowledgement letter was addressed to the Managing Director and Chief Executive Officer of the Nigerian Education Loan Fund at its headquarters in Wuse 2, Abuja. It underscores the growing collaboration between tertiary institutions and NELFUND in ensuring that eligible Nigerian students have access to quality education without being hindered by financial constraints.
Signed by the Vice-Chancellor, Professor Babagana Gutti, the document expresses the university’s appreciation for the timely disbursement of the funds. The institution noted that the loan support would directly benefit thousands of students and contribute to improved access, retention, and academic focus across faculties.
Kashim Ibrahim University also indicated its expectation for the disbursement of loans to subsequent batches of students who have applied and met the requirements of the programme. This, the university noted, would further strengthen the impact of the scheme and promote educational equity within the institution.
The NELFUND Students Loan Programme is a key component of the Federal Government’s education financing reforms aimed at expanding access to higher education. The acknowledgement by KIU adds to a growing list of beneficiary institutions nationwide and highlights the role of institutional cooperation in the successful implementation of the student loan initiative.
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