The Vice-Chancellor of the University of Benin, Prof. Edoba Omoregie, has teamed up with the Nigerian Schooling Mortgage Fund (NELFUND) scheme to discover new methods to boost pupil participation and assist extra college students entry its monetary assist.
In response to a press release launched on Wednesday by the college’s spokesperson, Dr. Benedicta Ehanire, the Vice-Chancellor made this identified throughout a go to to the NELFUND workplace in Abuja.
Ehanire famous that Omoregie expressed concern over the low enrollment figures amongst UNIBEN college students, describing the present uptake as disappointingly low given the potential of the scheme to ease monetary pressures for college kids pursuing greater schooling.
“As a part of his student-focused initiatives, the Vice-Chancellor has engaged with NELFUND officers to discover avenues for growing pupil participation within the scheme. Prof. Omoregie lamented the abysmal enrollment charges and emphasised the significance of this chance for college kids who want monetary help,” the assertion mentioned.
The NELFUND initiative is designed to offer inexpensive loans to Nigerian college students, enabling them to pursue their research with out the burden of quick monetary constraints. Regardless of its advantages, the scheme has confronted challenges in adoption, with many college students reportedly unaware of its existence or skeptical about its authenticity.
Highlighting these obstacles, the Government Director of Operations for NELFUND, Mr. Mustapha Iyal, acknowledged that insufficient sensitization and issues over the fund’s legitimacy have been key elements behind the low enrollment charges.
“Mr. Iyal reiterated the scheme’s readiness to incorporate as many college students as doable, offered they meet the established pointers and full the applying course of,” the assertion mentioned.
What to know
The Vice-Chancellor’s go to underscores a broader dedication to addressing these challenges and making certain that extra college students at UNIBEN profit from this system. Throughout the assembly, Omoregie additionally mentioned methods for enhancing consciousness and fostering belief amongst college students relating to the mortgage scheme.
- In his remarks, Iyal congratulated Omoregie on his latest appointment as Vice-Chancellor, commending his proactive management and dedication to pupil welfare.
- College students who’ve enrolled in NELFUND are anticipated to repay the mortgage below favorable phrases after finishing their research, making it a viable choice for these struggling to finance their schooling.
- With the Vice-Chancellor’s renewed push for enrollment, the college hopes to see a big improve in purposes, enabling extra college students to entry monetary help and concentrate on their educational pursuits with out undue monetary stress.
The NELFUND workplace has assured college students of continued assist and inspired them to use promptly to make the most of this chance.
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