Students of Bayero University, Kano (BUK) have received another round of institutional-fee support under the Nigerian Education Loan Fund (NELFUND) scheme, with 480 students covered by the latest ₦49.1 million disbursement.
The payment, received by the university on August 10, 2026, brings the total documented NELFUND institutional-fee support received by BUK for the 2025/2026 academic session to ₦1.798 billion.
The latest release follows two earlier payments made during the session.
On April 30, NELFUND released ₦1.241 billion to cover statutory institutional charges for 10,617 undergraduate students at the university.
A further ₦507.8 million was released on June 23 for another 4,373 students.
The two earlier payments covered a combined 14,990 students and amounted to ₦1.749 billion.
With the August payment added, the university has recorded three reported NELFUND disbursements for the academic session, covering different groups of verified beneficiaries.
The latest ₦49.1 million payment specifically covers statutory institutional charges for 480 students who have been verified under the student-loan scheme.
NELFUND’s support is designed to cover eligible students’ institutional charges through the student-loan arrangement, providing funding that is paid towards the participating institutions.
For the BUK beneficiaries, the latest release comes as part of the financial support available to them under the scheme as they continue their academic programmes.
The figures also place BUK’s reported institutional-fee support for the 2025/2026 session at nearly ₦1.8 billion, following the series of payments recorded between April and August 2026.
The latest development adds another chapter to the university’s experience with the NELFUND student-loan scheme, with thousands of BUK undergraduates now included among the beneficiaries of the reported disbursements.
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