No fewer than 9,687 students applied for education loan from the Nigeria Education Loan Fund (NELFUND)  within a span of  24 hours.

The figure is the highest since May 25 when  the NELFUND opened its mortals for interested students to apply for tuition and stipends.

NELFUND’s Director of Corporate Communications, Oseyemi Oluwatuyi made this known in a statement yesterday.

The statement partly reads: ‘’Within the last 24 hours, the fund recorded a total of 9,687 student registrations, of which 7,975 are completed loan applications. This marks the highest in one day since the launch of the student loan application portal on the 25th of May 2024.

“This overwhelming surge in interest, underscores the critical role that NELFUND plays in enabling access to higher education, for students facing financial challenges.

“The high number of applications confirms the fact that financial constraints is a major issue that many aspiring higher education students are facing. It reinforces the importance of NELFUND’s work in providing the necessary support to Nigerian youth.’’