The Nigerian Education Loan Fund (NELFUND) has disbursed a total of ₦120,365,200 to 474 students of the University of Agriculture and Environmental Sciences (UAES), Umuagwo, Imo State, for the 2025/2026 academic session.
The disbursement, which covers 100 per cent of statutory charges for all verified applicants of the institution, is expected to ease the financial burden on beneficiaries and ensure continuity in their academic pursuits without financial interruption.
In an official letter of acknowledgment dated August 26, 2026, the Vice-Chancellor of the university, Professor Christopher C. Eze, confirmed the receipt of funds from NELFUND and expressed appreciation for the support extended to the institution's students.
According to the acknowledgment letter, the university received the funds in two batches. The second batch, received on March 24, 2026, amounted to ₦105,447,000 and benefited 415 students, while the third batch, received on June 23, 2026, amounted to ₦14,918,200 for 59 students.
The two batches account for a combined disbursement of ₦120,365,200 to 474 students, in line with the figures announced for the current academic session.
The university management commended NELFUND for the efficient implementation of the student loan scheme, noting the importance of sustained support in expanding access to higher education and helping students meet their financial obligations.
On behalf of the management, staff and students of the University of Agriculture and Environmental Sciences, Professor Eze expressed gratitude to the Fund for its timely intervention and reaffirmed the institution's appreciation for the initiative.
The disbursement underscores NELFUND's commitment to reducing financial barriers to higher education and advancing the Federal Government's Renewed Hope agenda by supporting eligible students in their pursuit of academic and professional development.
NELFUND: Renewed Hope for Nigerian Students.
