The Nigerian Education Loan Fund has disbursed ₦164.64 million to Moshood Abiola Polytechnic, Ogun State, to cover the statutory charges of 1,382 verified student beneficiaries for the 2025/2026 academic session.
According to the disbursement announcement, the payment, made on May 18, 2026, covers 100 per cent of the statutory charges for all verified applicants from the institution.
The intervention is expected to enable the beneficiaries to continue their academic programmes without financial disruption, in line with the Federal Government’s efforts to improve access to higher education through the student loan scheme.
NELFUND has continued to roll out disbursements to eligible tertiary institutions across the country as part of the implementation of the national student loan programme.
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