The University of Ibadan has announced the receipt of N201 million in institutional fees from the Nigerian Education Loan Fund (NELFUND) to cover the tuition of 1,370 students who applied for loans.

This information was shared in a circular from the Registrar, G.O. Salisu, dated August 9, 2024, and directed to the Dean of Student Affairs.

According to the circular, students who applied for the loans and have already paid their fees are eligible for refunds.

It states, “The Nigerian Education Loan Fund has remitted the sum of N201 million only to the university account for the 2023/2024 academic session which cover the fees of 1,370 students of our university who applied for the NELFUND loan.”

The Bursary Department is currently processing these funds to enable affected students to obtain their smart receipts. Students who have received the NELFUND loan but previously paid their fees must submit a request for a refund through the Dean of Students to the Deputy Vice-Chancellor, Academic, including their account details and a photocopy of the original payment receipt.