What are the conditions for the 2024 TINUBU Student Loan? All the information you need to apply online is provided here, along with the prerequisites.
The TINUBU Student Loan Scheme for 2024 may be the answer you’ve been searching for if you’re a student in need of financial aid to continue your studies.
Get Up to $100,000 Student Loan for Your Master in US or Canada - Apply before 31 December 2024 to get as low as 9.99% interest rate
The conditions to be eligible for the Nigerian government’s educational support program are listed in this article.
What is the Nigeria Student Loan?
On Wednesday, April 3, 2024, President Bola Tinubu signed into law the Student Loans (Access to Higher Education) (Repeal and Re-enactment) Bill, 2024.
The board’s members are drawn from relevant ministries, regulatory bodies, and participating agencies, including;
- The Federal Ministries of Finance and Education
- The FIRS, NIMC, NUC, NBTE, and NCCE
- Representatives of universities, polytechnics, colleges of education, students of tertiary institutions, and the organized private sector.
The administration of President Bola Ahmed Tinubu launched the student loan program to make it easier for financially needy Nigerian students to obtain financing.
Its goal was to free up financially vulnerable Nigerian students from having to pay for their education, granting everyone an equal right to an education.
Only Indigenous Nigerian students across higher institutions (Universities, Polytechnics, and Colleges of Education) and vocational institutions are eligible to apply for the student loan in 2024.
