{"id":22626,"date":"2024-07-16T14:28:26","date_gmt":"2024-07-16T14:28:26","guid":{"rendered":"https:\/\/presspay.ng\/news\/?p=22626"},"modified":"2024-07-16T14:28:29","modified_gmt":"2024-07-16T14:28:29","slug":"tinubu-set-to-launch-student-loan-scheme-july-17","status":"publish","type":"post","link":"https:\/\/presspay.ng\/news\/tinubu-set-to-launch-student-loan-scheme-july-17\/","title":{"rendered":"Tinubu Set To Launch Student Loan Scheme July 17"},"content":{"rendered":"\n<p class=\"has-drop-cap\">The Federal Government is set to launch the Student Loan Scheme on Wednesday, July 17, 2024, marking the formal commencement of the programme\u2019s implementation.<\/p>\n\n\n\n<p>Recall that the President had a few weeks ago approved \u20a635 billion for the scheme\u2019s take-off, targeting 70,000 initial applicants. The student loan scheme aims to provide financial support, including school fees and stipends, to eligible students nationwide.<\/p>\n\n\n\n<p>The Governing Board of the Nigerian Education Loan Fund (NELFund), chaired by Mr. Jim Ovia, had approved the disbursement of loans to successful applicants during its inaugural meeting in Abuja last month.<\/p>\n\n\n\n<p><em>\u201cBy approving the immediate disbursement of the loans, (NELFund) has taken a critical step in fulfilling its mission to support education and empower the next generation of leaders,\u201d the agency said in a statement.<\/em><\/p>\n\n\n\n<p>Over 1.2 million students are expected to benefit from the first phase of the programme.<\/p>\n\n\n\n<p>Source: Leadership<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Government is set to launch the Student Loan Scheme on Wednesday, July 17, 2024, marking the formal commencement<\/p>\n","protected":false},"author":1,"featured_media":20767,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[49],"tags":[],"class_list":["post-22626","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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