The much awaited students loan scheme of the Federal Government will be disbursed directly to the institutions of the scheme’s beneficiaries, Akin Sawyerr, the Executive Secretary of the Nigerian Education Loan Fund has said.
According to Sawyerr, loans will be disbursed directly to the institutions of applicants to avoid diversion.
He also noted that individuals who obtain the loans will be made to repay their loans two years immediately after completion of the mandatory National Youth Service Corps.
