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Edo Polytechnic Relaxes Fee Payment Policy for Student Loan Applicants

Roland Bayode by Roland Bayode
March 13, 2025
in National
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Edo Polytechnic Relaxes Fee Payment Policy for Student Loan Applicants
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Edo State Polytechnic, Usen, has suspended its policy requiring students to present proof of fee payment during examinations, specifically for those applying for student loans through the Nigeria Education Loan Fund (NELFUND).

This decision aims to alleviate financial burdens on students and promote access to education. Rector Sylvester

Omoruyi made the announcement during a sensitization program organized by NELFUND at the polytechnic’s main campus in Usen.

He emphasized that the institution will no longer check payment slips, instead verifying registration on the NELFUND

portal.Omoruyi praised President Bola Tinubu for initiating the NELFUND scheme and commended the Edo State

government for its support.

He also applauded NELFUND for easing the financial burden on Nigerian students through school fee coverage and

upkeep allowances.However, NELFUND’s Managing Director, Akintunde Sawyerr, expressed concern that the

polytechnic was yet to submit student data to formally commence the loan registration process.

He urged the institution to take advantage of the new registration cycle for the 2024/2025 academic session.During

the 2023/2024 session, NELFUND enrolled 259 institutions and disbursed billions of naira to students. Despite this

success, Sawyerr noted that institutions in the South-South and South-East regions had the lowest registration rates,

calling for increased participation.

You may also like: Army Kills Three Terrorists Off Kaduna-Abuja Highway

Commissioner for Education, Edo State, Dr. Paddy Iyamu, reaffirmed the state government’s commitment to

collaborating with NELFUND to improve access to education. He emphasized that every Edo child deserves access to

education, and NELFUND provides a platform for students to achieve their dreams.Iyamu added that with NELFUND’s

intervention, students would no longer rely on family members abroad for financial support.

Instead, they can focus on their studies and utilize the loan scheme to pursue their education without financial

hindrance.Oboh Victor, a Business Administration student at Edo Polytechnic, expressed excitement about the loan

scheme, stating that many students are eager to utilize the opportunity.

This development is expected to have a positive impact on student enrollment and academic performance.Key

Phrases: Edo Polytechnic Student Loan

Roland Bayode

Roland Bayode

Roland Bayode is a Nigerian journalist with expertise in investigative reporting and editorial leadership. A graduate of Mass Communication, he served as Editor-in-Chief of Echo Media at Adekunle Ajasin University and was the top intern at Premium Times Center for Investigative Journalism (PTCIJ) at Owena Press, The Hope Newspaper in Akure. Roland has contributed to News Round the Clock, PTCIJ Google-YIAGA LightRay Media, Apex Sport (U.S.), and served as Associate Editor for Nigeria Grassroot News under AFYMP.

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