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The Nigerian Education Loan Fund (NELFUND) is currently spending approximately ₦16 billion every month on upkeep allowances for student beneficiaries, its Managing Director, Akintunde Sawyerr, has disclosed. Sawyerr made the revelation on Monday, August 31, 2026, during an interview on Arise TV while discussing the sustainability of the federal government’s student loan scheme. He explained […]
NELFUND Loan and Parents Consent: Finance Minister Taiwo Oyedele has urged parents to check whether their children have already applied for or received Nigerian Education Loan Fund (NELFUND) support, raising fresh questions about parental awareness, student loan applications, repayment obligations and who is legally responsible for the loan. A recent comment by the Minister of […]
President Bola Ahmed Tinubu has directed the Economic and Financial Crimes Commission (EFCC) to channel legally cleared funds recovered from corruption proceeds into the Nigerian Education Loan Fund (NELFUND), as the Federal Government moves to strengthen the financing of tertiary education in Nigeria. The directive was disclosed by the Minister of Education, Dr Tunji Alausa, […]
Nigeria is a developing nation with million out of school children especially in northern part of the country, the Federal government made a decision to create the NELFUND student loan program to lift some financial burden for both parents and students. We all know that for many Nigerian students, the biggest barrier to higher education […]
The TD Student GIC Program contains a guide to successful financial support to freshers entering Canada for the first time. If you are planning to study in Canada, one of the most important requirements for your study permit is proof of financial support. A Guaranteed Investment Certificate (GIC) from a Canadian bank is one of […]
Get your financial proofs ready, even before you move to Canada by making use of BMO International Student Banking & GIC Program with ApplyBoard. We all know that moving to Canada as an international student involves more than just getting accepted into a school. You also need reliable banking services and strong proof of financial […]
Applying for a Canadian study permit requires strong proof of financial support. One of the most trusted and widely accepted ways to meet this requirement is by purchasing a Guaranteed Investment Certificate (GIC) from a Canadian bank. Through ApplyBoard, international students can easily apply for the RBC International Student GIC Program. This program helps you […]
The Student Loan Process on Your ApplyBoard Application is simple if you know how to go about it. Securing funding is one of the most important parts of studying abroad. Tuition fees, living costs, travel, and other expenses can add up quickly. For many international students, an education loan becomes a practical solution. ApplyBoard makes […]
One of the most important parts of a student visa application is proving that you have enough money to cover your tuition and living expenses. Immigration authorities want to ensure that international students can support themselves without relying on public funds or unauthorized work. However, you can apply for a student loan to cover some […]
Education loans offer valuable tax advantages in several countries. The most generous benefits are currently available in India, while the United States, Canada, and a few other countries also provide limited relief on the interest paid. In the United States, you can deduct up to $2,500 of student loan interest from your taxes each year […]