The renewed mobilisation comes against the backdrop of a significant expansion in the scale of the student loan programme. The emphasis on sensitisation is significant because awareness has emerged as one of the recurring issues surrounding the student loan programme since its launch. How the NELFUND Loan WorksNELFUND describes its student loan as an interest-free facility rather than a grant. These figures place the student loan scheme among the most consequential education-financing interventions introduced in Nigeria in recent years. NELFUND boss Akintunde Sawyerr urges North-Central students to apply for Nigeria’s interest-free student loan scheme as disbursements surpass ₦303 billion.