NELFUND Disburses Additional ₦49.1m to 480 Bayero University Students for 2025/2026 Session

Crystal Palace Estate

 



Ogene Romanus Chizoba 


Bayero University, Kano (BUK) has received another ₦49,101,000 disbursement from the Nigerian Education Loan Fund (NELFUND) for the 2025/2026 academic session, benefiting 480 students.


The latest payment, received on August 10, 2026, covers the statutory institutional charges of verified beneficiaries under the NELFUND student-loan scheme, providing another financial boost to students pursuing their academic programmes at the university.


The latest intervention adds to the substantial support already received by Bayero University under the Federal Government’s student financing initiative.


Recall that on July 15, 2026, BUK acknowledged earlier NELFUND disbursements totalling ₦1,749,312,800 for 14,990 undergraduate students.


The earlier payment was made in two tranches. The first tranche of ₦1,241,414,100, released on April 30, 2026, covered 10,617 students, while the second tranche of ₦507,898,700, released on June 23, 2026, covered another 4,373 students.


With the latest ₦49.101 million release, NELFUND’s documented institutional-fee support to Bayero University has now reached ₦1,798,413,800, across the reported disbursements.


The continued flow of funds to BUK underscores the growing reach of the student-loan programme and its role in easing the burden of institutional charges for eligible students.


For the beneficiaries, the intervention provides financial relief and helps reduce the risk of fee-related interruptions, allowing students to concentrate more fully on their studies.


The development further reflects the Federal Government’s Renewed Hope Agenda on expanding access to higher education through sustainable student financing, with NELFUND continuing to channel institutional fee support to participating universities across the country.


For Bayero University students, the latest release represents another concrete financial lifeline towards completing their academic programmes without the immediate burden of institutional charges.



      *_FOUNTAINCARE MEDIA_*

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