Complete List of 108 State-Owned Schools Qualified for Student Loans

Are you curious about which state-owned schools qualify for student loans in Nigeria? With 108 institutions on the list, there’s a good chance your school might be included. Student loans are now becoming a vital tool for many who want to achieve their educational dreams without financial hurdles.

From universities to polytechnics, having access to this list can help you make informed decisions about your future. Let’s dive into the details and see if your school made the cut.

Information Confirmed by NELFUND

The Nigerian Education Loan Fund (NELFUND) has announced on its X handle that 108 state-owned tertiary institutions have been onboarded for the student loan scheme. Students of these institutions can now apply for loans effective from August 14, 2024. The management of these schools successfully submitted their students’ data to the NELFUND Student Verification System. This means students can start benefiting from the scheme.

Read more about applying for student loans here: How to Apply for NELFUND 2024 Nigeria Education Loan Fund

If your institution is yet to be included, don’t worry. Once your school submits its student data to the verification system, it may be added to the list. You will be notified accordingly when that happens.

List of State-Owned Schools Qualified for Student Loans

According to NELFUND, the following 108 state-owned institutions have been onboarded for the loan scheme:

1. Abia State Polytechnic

2. Adamawa State University Mubi

3. Adamawa State Polytechnic Yola

4. College of Education Afaha Nsit

5. Akwa Ibom State University

6. Akwa Ibom State Polytechnic 

7. Aminu Saleh College of Education, Azare

8. Niger Delta University 

9. Benue State University, Makurdi

10. Borno State University

11. College of Education, Waka-Biu

12. Mohammet Lawan College Of agriculture

13. Ramat Polytechnic, Maiduguri

14. Cross River State University

15. Delta State Polytechnic, Ogwashi-uku

16. Delta State University of Science and Technology

17. Dennis Osadebay University, Asaba

18. University of Delta Agbor

19. Ebonyi State University, AbakalikI

20. Edo State University Uzairue.

21. Ekiti State University, Ado Ekiti

22. Bamidele Olumilua University of Edu., Sc., and Tech

23. University of Medical and Applied Sciences Enugu State

24. Gombe State University

25. Imo State University of Agriculture and Environmental Sciences Umuagwo

26. Kingsley Ozumba Mbadiwe University

27. Benjamin Uwajumogu State College of Education IhitteUboma

28. Imo State Polytechnic Omuma

29. Sule Lamido University Kafin Hausa, Jigawa State

30. Nuhu Bamalli Polytechnic, Zaria

31. Kaduna State College of Education Gidan Waya

32. Kaduna State University

33. Aliko Dangote University of science and Technology Wudil

34. Yusuf Maitama Sule University

35. Katsina State Institute of Technology and Management

36. Umar Musa Yaradua University Katsina

37. Kebbi State University of Science and Technology, Aliero

38. Confluence University of Science and Technology

39. Prince Abubakar Audu University Anyigba

40. Kwara Polytechnic 

41. Kwara State College of Education Oro

42. Lagos state university of education

43. Lagos State University of Science and Technology

44. Lagos State University

45. Isa Mustapha Agwai Polytechnic, Lafia

46. Nasarawa State University Keffi

47. Ibrahim Badamasi Babangida Uniersity Lapai

48. Niger State Polytechnic Zungeru

49. Abraham Adesanya Polytechnic

50. Olabisi Onabanjo University

51. Tai Solarin University of Education 

52. Ogun State Institute of Technology, Igbesa

53. D.S Adegbenro ICT Polytechnic Itori-Ewekoro.

54. Gateway ICT Polytechnic Saapade

55. University of Medical Sciences, Ondo

56. Adekunle Ajasin University Akungba-Akoko, Ondo State

57. Government Technical College Ile-Ife

58. GTC, ARA Osun State

59. GTC, GBONGAN Osun State

60. GTC, IJEBU-JESA Osun State

61. GTC, ILE-IFE Osun State

62. GTC, INISA Osun State

63. GTC, IWO Osun State

64. GTC, OTAN AYEGBAJU Osun State

65. GTC,OSU Osun State

66. Osun State College of Education, Ila-Orangun

67. Osun State College of Technology 

68. Osun state university

69. University of Ilesa, Osun State

70. Osun State Polytechnic, Iree

71. Oyo State College of Agriculture and Technology, Igboora

72. OYO STATE COLLEGE OF Health Science andTechnology, Eleyele, Ibadan.

73. Adeseun Ogundoyin Polytechnic Eruwa Oyo State

74. Ladoke Akintola University of Technology Oyo State

75. Oyo State College of Nursing Sciences, Eleyele

76. First Technical University Ibadan

77. Plateau State University Bokkos

78. Port Harcourt Polytechnic

79. Ignatus Ajuru University of Education Port Harcourt 

80. Taraba state polytechnic

81. Taraba State University, Jalingo

82. Taraba State College of Nursing Sciences Jalingo

83. Umar Suleiman College of Education, Gashua, Yobe State

84. Yobe State University

85. Mai Idris Alooma Polytechnic Geidam, Yobe State.

86. Zamfara State University, Talata Mafara

87. Abia State University, Uturu

88. College of Education, Nsugbe

89. Chukwuemeka Odumegwu Ojukwu University

90. Delta State University, Abraka.

91. Delta State Polytechnic, Otefe-Oghara, Delta State

92. Ekiti State Polytechnic, Isan-Ekiti

93. Kogi State University, Kabba, Kogi State

94. Prince Abubakar Audu University

95. Kwara State University

96. Kwara State College of Health Technology 

97. Abdulkadir Kure University Minna

98. Ogun State College of Health Technology, Ilese-Ijebu

99. Moshod Abiola Polytechnic 

100. Emmanuel Alayande University of Education, Oyo

101. The Polytechnic, Ibadan

102. The Oke Ogun Polytechnic, Saki

103. Rivers State University, Port Harcourt

104. Kenule Beeson Saro-Wiwa Polytechnic

105. Shehu Sule College of Nursing and Midwifery, Damaturu

106. College of Administration, Management andTechnology Potiskum, Yobe State

107. College of Agriculture, Science & Technology, Gujba

108. College of Education Legal Studies, Nguru

Understanding How Student Loans Work

Before applying for a student loan, it is crucial to understand how the process works. The NELFUND scheme is designed to assist students in state-owned institutions in paying for their tuition and other expenses. Once your school is onboarded, you can apply by submitting the required documents through the NELFUND system. 

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The loan is only available to students with no record of malpractice and no previous loans. It takes about 20 to 30 business days for the loan to be approved after your application. Upon graduation, repayment begins, with a percentage of your monthly income going toward settling the loan.

Pros and Cons of Student Loans

Pros

1. Financial Support: The loan helps cover tuition and other educational expenses, reducing the burden on students.

2. Flexible Repayment Plans: Repayment is spread out over time, with only 10% of your salary or monthly profits being deducted.

3. Accessibility: Many state-owned institutions are included in the scheme, making it widely accessible.

Cons

1. Debt Burden: Although the repayment is spread out, it still adds financial pressure after graduation.

2. Income Dependency: If you’re unemployed after graduation, you still owe the loan, though repayment terms may be adjusted.

3. Limited Eligibility: Not all institutions are onboarded yet, and students must meet strict criteria to qualify.

Wrapping Up

The list of state-owned schools eligible for student loans is a great starting point for many students to achieve their educational goals without the heavy burden of financial strain. Keep an eye out for updates, as more institutions are likely to be added. If your school is not yet included, it’s only a matter of time before they submit the required data, allowing you to benefit from this opportunity.

Frequently Asked Questions (FAQs)

Can students from state universities apply for student loans?

Yes, students from state-owned universities are eligible to apply for student loans. The schools listed above have already been onboarded, and students can benefit from the scheme.

Who qualifies to apply for a student loan?

To qualify for a student loan, students must have no history of malpractice and must not have taken out any previous loans. They must also be enrolled in one of the approved institutions.

How long does it take for a student loan to be approved in Nigeria?  

Student loans typically take between 20 and 30 business days to be processed and approved once all application documents are submitted.

How do you repay a student loan in Nigeria?

For employed individuals, 10% of their monthly salary will be deducted for loan repayment. If self-employed, 10% of their monthly profit will go toward repayment. Full repayment can also be made at any time once the borrower is able to do so.