The Federal College of Education (Technical), Gusau, proudly announces the successful receipt of ₦59,865,400.00 for 547 students for the 2023/2024 academic session. This financial assistance aims to ease the financial burden of students, enabling them to focus on their education and future careers.
The institution, through its Governing Council, Management, Staff, and Students, extends heartfelt gratitude to the Nigeria Education Loan Fund (NELFund). The remarkable support provided by NELFund has been instrumental in transforming the academic lives of students in Zamfara State, a region with significant economic challenges. The funds have been used for essential needs, including learning materials and living costs. This has significantly reduced the dropout rate and improved academic performance.
For this session, 547 students from the college successfully enrolled in the NELF scheme. The breakdown of the loan application status includes ₦56,714,400.00 approved as fully verified, ₦2,915,800.00 still pending, and ₦96,300.00 rejected. This represents a 99.8% success rate, highlighting the efficiency and dedication of NELFund.
The monthly stipend of ₦20,000.00 has been a lifeline for many students, helping them stay in school and focus on their studies. The college commends NELFund for its unwavering commitment to supporting students nationwide and fostering educational equity.
How to Apply for the NELF Loan
Students interested in applying for the NELF loan must go through their respective schools. At the Federal College of Education (Technical), Gusau, the process begins with the student submitting an application through the institution. The school then verifies and forwards the application to NELFund for approval. Once approved, funds are disbursed directly to the students.
The Federal College of Education (Technical), Gusau, appreciates NELFund for its dedication to advancing education and creating a brighter future for Nigerian students.
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