September 3, 2025
General NELFUND Students

NELFUND Disburses ₦6.97m Student Loan to 10 Beneficiaries at African Aviation and Aerospace University

Abuja, September 2, 2025 – The Nigeria Education Loan Fund (NELFUND) has disbursed a total of ₦6,972,000 to 10 beneficiaries at the African Aviation and Aerospace University (AAAU), Abuja, as part of its student loan scheme.

In a statement on Tuesday, NELFUND said the disbursement reflects its sustained commitment to supporting higher institutions and empowering students with financial assistance to pursue their academic goals.

The fund stressed that the initiative is designed to reduce financial barriers, improve access to tertiary education, and build a stronger knowledge-driven economy by ensuring that young Nigerians are not denied opportunities due to lack of resources.

Since its rollout, NELFUND has continued to extend its reach across public institutions, with the African Aviation and Aerospace University being the latest beneficiary of the intervention.

Officials assured that more disbursements will follow in the coming months, reaffirming government’s drive to expand the scheme to cover millions of eligible students nationwide.