Students Voice Concerns Over NELFUND Fees and Debt Levels
Students report that tuition fees rose sharply, from about N28,000 at 200 level to over N100,000 at 400 level, a roughly 300 % increase.
In Brief
- •Students report that tuition fees rose sharply, from about N28,000 at 200 level to over N100,000 at 400 level, a roughly 300 % increase.
- •The NELFUND loan is seen as a relief, but many worry that cumulative borrowing could lead to substantial repayment obligations after graduation.
- •Some borrowers noted that the loan platform sometimes displays amounts higher than the actual fees, yet these excess amounts cannot be withdrawn for other expenses.
Why It Matters
The NELFUND scheme was introduced to ease the financial burden of Nigerian university students, yet rising tuition and fee increases undermine its intended benefit. If students accrue large debts without clear repayment pathways, the program could inadvertently contribute to a cycle of financial hardship, affecting graduate employability and broader economic stability.
Key Details
- Fee Increase at 400 level
- ≈300% (from N28,000 to >N100,000)
- Typical 400 level tuition
- N100,000–N150,000
- Discrepancy in NELFUND platform amount
- up to N200,000 vs actual N120,000
- Repayment burden
- substantial post‑graduation debt
Original Reporting & Sources
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