The Nigerian Education Loan Fund (NELFUND) has commenced the disbursement of upkeep allowances to student beneficiaries of Kwara State University (KWASU), marking a significant step in the implementation of the federal student support scheme.
Evidence of the payment, as seen in transaction notifications, shows that eligible students have begun receiving stipends credited directly into their bank accounts. The disbursement, tagged as upkeep allowance for April, reflects the government’s ongoing commitment to easing the financial burden on students across tertiary institutions.
The development has been welcomed by beneficiaries, many of whom described the support as timely, especially amid rising living costs affecting students nationwide.
NELFUND had earlier assured applicants of a transparent and phased disbursement process, covering both tuition and upkeep components of the loan scheme. The latest rollout to KWASU students signals continued progress in extending the initiative to institutions across the country.