By Joseph Erunke
Abuja-The Nigerian Education Loan Fund, NELFUND, has condemned what it described as unethical practices by some tertiary institutions accused of withholding tuition refunds from students and arbitrarily increasing school charges, despite benefiting from the federal government’s scheme.
The Fund, in a public notice issued by the Director, Strategic Communications, Oseyemi Oluwatuyi, yesterday, said it had received reports that some institutions were refusing or delaying refunds to students who had paid their tuition fees before NELFUND later disbursed the same fees directly to their schools.
NELFUND also expressed concern over what it described as arbitrary increases in tuition and other institutional charges by some higher institutions, warning that such actions undermined the objectives of the student loan programme.
The agency stressed that the Student Loan Scheme, introduced by the administration of President Bola Ahmed Tinubu, was created to eliminate financial barriers to higher education and not to impose fresh financial burdens on students.
