Indigenes from Kano, Borno, and Benue states dominate the list of student loan applicants, highlighting a growing demand for financial assistance in higher education.
According to information from the Nigerian Education Loan Fund, students hailing from Kano, Borno, and Benue states have emerged as the foremost candidates for the student loan program.
On Friday, @nelfnigeria – the official X handle of NELFUND – posted a data chart showcasing the count of applicants based on their state of origin.
As per the data chart, Kano State had the highest number of applicants with 17,122 students. Borno came in second place with 13,798 applications and Benue followed closely behind with 11,754 submissions. These were the only three states that recorded over 11,000 applications.
President Bola Tinubu’s landmark initiative in the education sector is the execution of the student loan program.
Just a month into his presidency, Tinubu endorsed the Access to Higher Education Act that establishes a lawful structure for providing loans to underprivileged or economically disadvantaged Nigerians in order to assist them with paying their fees at tertiary institutions within Nigeria.
Earlier this year, the Nigerian Education Loan Fund was established by a reenacted law.
READ ALSO: Guide for Registering Student Loan in Nigeria
It is the responsibility of NELFUND to manage all loan requests, grants, disbursals and recoveries.
As per the act, several funding sources will contribute to the fund while it also participates in other beneficial ventures.
The number of applicants in other states are as follows: Oyo with 8,990; Kaduna with 10,380; Katsina with 10,952; Osun with 8,093; Kogi has a total of 8,400 applicants while Plateau and Adamawa have gotten respectively -9.328 and-8987 candidates from their state. Kwara is next on the list having recorded only seven thousand six hundred forty-five applications followed by Taraba which received eight thousand six hundred sixty-eight registrations. Also included are Yobe State that had nine thousand three people apply to sit for this test alongside Ogun whose registration numbers reached five thousand nine-hundred-and-forty-three despite being one among two South-western States not listed alphabetically after Lagos who did not give out information about its figures stating it would announce them at an appropriate time when ready or required so Akwa-Ibom got six-thousand-one-sixty-two (6), Bauchi bagged up without anyone’s help whatsoever –succeeding well albeit barely reaching sixth place amidst these contenders thanks largely due diligence both parties shown before settling down tied together overall impression considering they managed peak form over last show period) since all gamers knew chances were limited anyway given constraints within current climate : This leaves Gombe rounded off back end keeping those Nigerians curious introduced Jigawa recording-like Number Five Nigerian Choice right now hoping upon success story contest waiting somewhere near home hopefully sooner than later!
Abia has 2,170 applicants while Lagos counts with 2,347. Anambra reports a total of 1,840 applications and Zamfara records show that they have received the highest number with 2,986. Edo follows closely behind at 2,149 and Rivers also surpasses the two thousand mark with a count of exactly 2,162. Sokoto stands at just over two thousand with an applicant pool of 2055 and Bayelsa tallies in comparatively low at only 1267 submissions. Lastly is the Federal Capital Territory whose application numbers equal to modestly sized group – as it has recorded only676 hopefuls thus far .
