The Nigerian Education Loan Fund (NELFUND) has announced the disbursement of over N22 billion in student loans to over 200,000 applicants.

This comes as it has also announced the closure of the 2023/2024 application process and the opening of the 2024/2025 application process.

Speaking at a press conference in Abuja on Monday, the Managing Director of the Fund, Akintunde Sawyerr, revealed that while the 2023/2024 application will close on February 21, 2025, the 2024/2025 application will open on February 22.