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Beneficiaries of the Federal Government’s student loan scheme across the country have lamented the delay in the payment of the August monthly stipend.
Some of the students expressed their disappointment in the payment delay.
It was gathered that students can choose to apply for upkeep loan apart from institutional loans, which is paid directly to institutions.
A total of 20,371 students from six tertiary institutions were said to have been paid a sum of N20,000 each as July stipends.
The institutions said to have benefitted from the disbursement are Bayero University, Kano State; Federal University, Dutsin-Ma, Katsina State; University of Ilorin, Kwara State; University of Benin, Edo State; University of Ibadan, Oyo State; and University of Maiduguri, Borno State.
Commenting on the development, NELFUND’s Director of Corporate Communications, Oseyemi Oluwatuyi, said the students would likely be paid the N20,000 stipend this week.
“It’s been approved. They should get it this week,” Oluwatuyi said.
Meanwhile, the National Association of Nigerian Students has called on the Federal Government to increase the monthly stipend from N20,000 to N40,000.
