{"id":16737,"date":"2026-01-28T16:06:30","date_gmt":"2026-01-28T16:06:30","guid":{"rendered":"https:\/\/edumarkng.com\/news\/nelfund-5000-funaab-students-received-n840m-as-student-loan-vc-prof-olusola\/"},"modified":"2026-01-28T16:06:30","modified_gmt":"2026-01-28T16:06:30","slug":"nelfund-5000-funaab-students-received-n840m-as-student-loan-vc-prof-olusola","status":"publish","type":"post","link":"https:\/\/edumarkng.com\/news\/nelfund-5000-funaab-students-received-n840m-as-student-loan-vc-prof-olusola\/","title":{"rendered":"NELFUND: 5,000 FUNAAB students received N840m as student loan \u2013 VC, Prof Olusola"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/dailypost.ng\/wp-content\/uploads\/2017\/09\/FUNAAB.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"NELFUND: 5,000 FUNAAB students received N840m as student loan \u2013 VC, Prof Olusola\" title=\"NELFUND: 5,000 FUNAAB students received N840m as student loan \u2013 VC, Prof Olusola\" \/><\/div><p>NELFUND: 5,000 FUNAAB students received N840m as student loan \u2013 VC, Prof Olusola, <!-- no image -->,  <\/p>\n<p>Vice Chancellor, Federal University of Agriculture, Abeokuta, FUNAAB,\u00a0Prof Olusola Kehinde, says 5,000 students of the university have benefited from the Nigerian Education Loan Fund, NELFUND, scheme.<\/p>\n<p>Kehinde spoke during a news conference heralding the 33rd convocation ceremony held at the institution in Abeokuta on Wednesday.<\/p>\n<p>The vice chancellor disclosed that the university had received about N840million from NELFUND, saying that the Federal Government gesture has been beneficial to both the institution and its students.<\/p>\n<p>According to him, contrary to reports from some institutions where students complained of non-disbursement of the funds, he stressed that FUNAAB ensured transparency in the handling of the loans.<\/p>\n<p>The vice chancellor revealed that NELFUND disburses the funds directly into the university\u2019s Treasury Single Account (TSA), after which the institution reimburse students based on the amounts they applied for.<\/p>\n<p>\u201cAt no point did we deduct one naira from the students\u2019 NELFUND funds. Whatever amount a student applied for, was fully disbursed to them,\u201d he said.<\/p>\n<p>Kehinde added that the university ensured prompt and complete disbursement of the funds, stressing that students of the institution have received not less than N840 million from NELFUND.<\/p>\n<p>He expressed appreciation to NELFUND for its support to the students.<\/p>\n<p>The vice chancellor disclosed that the university would be graduating a total of 4,141 students\u00a0with Bachelor\u2019s Degrees in various disciplines.<\/p>\n<p>\u201cOut of these, a total of 104 graduate with First Class Honours Degree, 1,771 in the Second-Class Upper Division, 1,896 in the<br \/>\nSecond-Class Lower Division, while 285 had Third Class Degrees and only 2 graduated<br \/>\nwith Pass.<br \/>\n\u201cThe remaining 41 graduands earned the Veterinary Medicine degree, which is not classified.<\/p>\n<p>\u201cIn addition, it gives me great joy to announce that 69 distinguished graduands are successfully completing their studies under the Part-time Degree,\u201d he said.<\/p>\n<p>The vice chancellor also announced Miss Isiamo Chinyere, from the department of Food Science and Technology as the overall best student with CGPA 4.85.<\/p>\n<p><a href=\"https:\/\/dailypost.ng\/2026\/01\/28\/nelfund-5000-funaab-students-received-n840m-as-student-loan-vc-prof-olusola\/\">NELFUND: 5,000 FUNAAB students received N840m as student loan \u2013 VC, Prof Olusola<\/a><\/p>\n<p>, Education &#8211; Daily Post Nigeria, January 28, 2026, 4:06 pm<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NELFUND: 5,000 FUNAAB students received N840m as student loan \u2013 VC, Prof Olusola, , Vice Chancellor, Federal University of Agriculture, Abeokuta, FUNAAB,\u00a0Prof Olusola Kehinde, says 5,000 students of the university have benefited from the Nigerian Education Loan Fund, NELFUND, scheme. Kehinde spoke during a news conference heralding the 33rd convocation ceremony held at the institution [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16738,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"fifu_image_url":"https:\/\/dailypost.ng\/wp-content\/uploads\/2017\/09\/FUNAAB.jpg","fifu_image_alt":"","footnotes":""},"categories":[3,1796,662,1797,10],"tags":[],"class_list":["post-16737","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education","category-funaab","category-nelfund","category-olusola","category-school-matters"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NELFUND: 5,000 FUNAAB students received N840m as student loan \u2013 VC, Prof Olusola - EduNews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/edumarkng.com\/news\/nelfund-5000-funaab-students-received-n840m-as-student-loan-vc-prof-olusola\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NELFUND: 5,000 FUNAAB students received N840m as student loan \u2013 VC, Prof Olusola - EduNews\" \/>\n<meta property=\"og:description\" content=\"NELFUND: 5,000 FUNAAB students received N840m as student loan \u2013 VC, Prof Olusola, , Vice Chancellor, Federal University of Agriculture, Abeokuta, FUNAAB,\u00a0Prof Olusola Kehinde, says 5,000 students of the university have benefited from the Nigerian Education Loan Fund, NELFUND, scheme. 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