The Nigerian Education Loan Fund (NELFUND) has assured that disbursement of allocation to the Ladoke Akintola University of Technology (LAUTECH), Ogbomoso, would be made soon, to cater for loans applied for by students of the Institution. This assurance was made by the Director of Strategic Communications at NELFUND, Oseyemi Oluwatuyi, who stated that discussions on issues delaying disbursement to the University are ongoing between NELFUND and the Management of LAUTECH, led by the Vice Chancellor, Professor Razaq Olatunde Rom Kalilu, and are nearing conclusion.
According to Oluwatuyi, the discussions aim to resolve the issues hindering the disbursement of the loan allocation to LAUTECH students. The University’s Management, led by Professor Kalilu, has been working closely with NELFUND to address these issues, and a resolution is expected soon.
In a related development, Professor Kalilu has announced that LAUTECH will not stop any student from writing examination provided such a student has applied and passed the stage of verification. This move is aimed at ensuring that students are not unduly delayed in their academic pursuits due to the ongoing discussions between NELFUND and the University.
The Vice Chancellor’s assurance has been welcomed by students of LAUTECH, who are eager to access the loan facilities to support their academic endeavours. The University has put in place measures to ensure that students who have applied for the loan and met the necessary requirements are not disadvantaged.
NELFUND has been working to provide financial assistance to students in Nigerian tertiary institutions, and LAUTECH is one of the beneficiary institutions. The Fund aims to support students who are in need of financial assistance to pursue their academic programmes.
The ongoing discussions between NELFUND and LAUTECH are expected to yield positive results, and the disbursement of the loan allocation is expected to be made soon. Students of LAUTECH are advised to be patient and continue to focus on their academic pursuits.
LAUTECH is a premier institution of higher learning in Nigeria, and the University is committed to providing quality education to its students. The University’s Management is working tirelessly to ensure that students have access to the necessary resources to support their academic endeavours.
The Nigerian Education Loan Fund (NELFUND) is a government initiative aimed at providing financial assistance to students in Nigerian tertiary institutions. The Fund provides loans to students to support their academic pursuits, and LAUTECH is one of the beneficiary institutions.
The disbursement of the loan allocation to LAUTECH students is expected to provide much-needed relief to students who are struggling to finance their education. The University’s Management is committed to ensuring that students have access to the necessary resources to support their academic pursuits.
