NELFUND: Varsity Students celebrate, stock foodstuffs with ₦‎20,000 loan

Some university students who recently benefitted from the N20,000 stipend paid by the Nigerian Education Loan Fund have begun celebrating the receipt of the money.

While some took to social media to share their surprise, others narrated how they spent the money on foodstuffs. A few said it took the burden of care off their parents.

Financial constraint is a major challenge facing many students of public tertiary institutions in Nigeria.

The lack of funds has kept many young people out of school, as their parents or guardians cannot afford to sponsor their tertiary education.