This was confirmed in a statement issued by the Fund on Tuesday, highlighting its continued efforts to ease access to higher education for Nigerian students.
“We are pleased to announce the disbursement of ₦6,972,000.00 to 10 beneficiaries at African Aviation and Aerospace University (AAAU), Abuja, Nigeria,” NELFUND stated, adding that the move reinforces its dedication to supporting educational institutions and empowering students across the country.
Confirming the receipt of the funds, the university, in a statement signed by its Registrar, Mustapha Abdul, said the financial support was disbursed on Monday, July 21, 2025, specifically to aid 10 of its students.
“Wedeeply appreciate this timely intervention, which will significantly ease the financial burdens of our beneficiaries and enhance their ability to focus on their academic pursuit,” the university noted.
NELFUND was created under the Student Loans (Access to Higher Education) Act, which was signed into law by President Bola Tinubu on April 3, 2024. The Fund was established to provide sustainable access to higher education and skills development for Nigerian youths.
In a related development, the Federal Government announced on Monday that over ₦59 billion has already been disbursed through NELFUND to more than 600,000 students across the country. This was revealed by the Director-General of the National Orientation Agency (NOA), Mallam Lanre Issa-Onilu, during a press briefing in Asaba.
He emphasized the government’s commitment to inclusive education, stating, “No qualified Nigerian should be denied tertiary education for lack of fees.”
