The Nigerian Education Loan Fund has approved the disbursement of student loan to successful applicants.

NELFUND held its inaugural board meeting on Wednesday, marking a milestone in its mission to support students with financial aid.

Under the leadership of its Chairman, Mr Jim Ovia, the board approved the immediate disbursement of student loans to successful applicants.

A late Wednesday statement obtained from the agency’s X account revealed this.

The press release was titled, “NELFUND Holds Inaugural Board Meeting as Student Loan Disbursement Tops Agenda.”

It was signed by its Head, Media and Public Relations, Nasir Ayitogo.

The meeting, attended by the fund’s management and representatives of member organisations, also laid the groundwork for future initiatives to enhance educational opportunities and support students across various disciplines.