Niger State Polytechnic has received ₦4,535,000 through the Student Loan Program to provide financial aid to 56 deserving students, the institution announced on Tuesday.
The initiative, funded by NELFUND, aims to break financial barriers and ensure access to quality education for underprivileged students. This marks a significant step towards addressing the economic challenges that hinder academic pursuits in Nigeria.
“This support is transformative. It underscores our commitment to empowering students and fostering academic excellence,” said a representative from the polytechnic.
NELFUND, known for championing education financing, praised the program’s potential to reshape the future of education in Nigeria by creating opportunities for talented individuals facing financial constraints.
Beneficiaries of the program expressed gratitude, emphasizing how the funding would ease their financial burdens and help them focus on their studies.
The loan program aligns with broader efforts to enhance educational access and equity across Nigeria, raising hopes for increased student enrollment and retention.
Further details on how the funds will be disbursed and managed are expected to be announced in the coming weeks.