NELFUND disburses N31.3m students’ loan to Kano varsity
NELFUND disburses N31.3m students’ loan to Kano varsity, but the official disbursement trail cited in the same report shows the money went to Kaduna State College of Education, Gidan-Waya, as an institutional fees loan covering 479 students in the first batch of the 2025/2026 academic session. 
The Nigerian Education Loan Fund (NELFUND) announced the ₦31,335,500 disbursement on Wednesday, stating that it was meant to cover institutional fees for the listed batch of students. 
NELFUND disburses N31.3m students’ loan to Kano varsity and, crucially, the beneficiary institution itself confirmed receipt. In a statement referenced in the report, the college said the disbursement was made on Tuesday, January 13, 2026. 
At the heart of the confirmation was an acknowledgement letter signed by the Acting Director, ICT, Nyalla Gajere, stating that the institution received “₦31,335,500.00” as Institutional Fees Loan for 479 students under its first batch for the 2025/2026 session. 
NELFUND disburses N31.3m students’ loan to Kano varsity, and while the headline framing created confusion, the key public-interest point remains clear: the fund is paying approved institutional fees directly to schools under the student loan framework, reducing the immediate tuition burden on students who meet requirements.
What this disbursement covers and why it matters
NELFUND disburses N31.3m students’ loan to Kano varsity, and the transaction is described as part of the institutional fees loan arrangement for eligible students in the current session. This category is designed to cover school charges that can block registration and force students to defer, especially in a tight economy. 
By routing tuition support as an institutional payment, NELFUND’s model also aims to reduce the risk of funds being diverted away from school obligations, since the money is acknowledged by the institution and tied to a specific number of beneficiaries. 
NELFUND disburses N31.3m students’ loan to Kano varsity, and for the Kaduna college, 479 students is not a minor figure. It is a full cohort of young Nigerians who can proceed with academic activity without being pushed out by fees at the start of session.
What the college said about the support
NELFUND disburses N31.3m students’ loan to Kano varsity, and the college’s acknowledgement letter went beyond the receipt notice. It reportedly thanked the NELFUND Managing Director/CEO and staff for their efforts, and also expressed gratitude to President Bola Tinubu for what it described as “humanitarian and creative initiatives,” while praying for the programme’s sustainability. 
That language is typical of formal institutional correspondence in Nigeria, but it also reflects a wider reality: student funding programmes often live or die by continuity and administrative discipline. Sustainability is the quiet fear in every scheme that begins with promise.
NELFUND’s wider disbursement pattern
NELFUND disburses N31.3m students’ loan to Kano varsity, and the agency has continued to publicise similar disbursements across institutions. The same Punch report referenced an earlier disbursement of ₦392,876,550 to Delta State University, Abraka, for 1,854 students, as part of the same institutional fees support approach. 
NELFUND’s own public updates have also listed Kaduna State College of Education, Gidan-Waya, alongside other beneficiary institutions, including the amount and beneficiary count for the January 13, 2026 payment. 
How students typically access the loan process
NELFUND disburses N31.3m students’ loan to Kano varsity, and the practical pathway for students is through the NELFUND student loan portal, where applicants submit details and complete the loan application process under the fund’s rules. 
For institutions, the process depends heavily on student data, verification, and administrative coordination. When those steps are slow or messy, students can be approved on paper but delayed in real impact. That is why these disbursement confirmations matter: they are the point where “policy” becomes “payment.”
https://ogelenews.ng/nelfund-disburses-n31-3m-students-loan-to-kano-vars…
The accountability test Nigerians will watch
NELFUND disburses N31.3m students’ loan to Kano varsity, and the story naturally raises the questions Nigerians always ask: How many students are covered nationwide? Are the beneficiaries fairly selected? Are institutions updating records quickly? Are disbursements timely enough to stop dropouts?
The reporting here shows a key accountability anchor: a named amount, a named institution, a named signatory, a specific date, and a specific beneficiary number. That’s the kind of detail that makes education finance reporting more than press release recycling. 
Bottom line
NELFUND disburses N31.3m students’ loan to Kano varsity, but the verified details in the same report and NELFUND’s public update indicate the ₦31,335,500 institutional fees loan was received by Kaduna State College of Education, Gidan-Waya for 479 students (first batch, 2025/2026 session), disbursed on January 13, 2026.
https://punchng.com/nelfund-disburses-n31-3m-students-loan-to-kano-varsity
