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Federal Government reveals student loan disbursement commencement date

Written by on June 15, 2023

For practical implementation of that policy design, the Federal Government has announced that an inter-ministerial committee had been set up to fine-tune the Student Loan bill that was signed recently by President Bola Tinubu.

The committee, which will meet on Tuesday next week, is expected to work together and ensure that the disbursement of the student loans starts by September 2023 for the 2023/2024 academic session.

The Permanent Secretary, Federal Ministry of Education, Andrew Adejo, who disclosed these to journalists at a press conference in Abuja, says higher institutions cannot introduce tuition fees because of the introduction of the loan scheme.

According to him, the institutions are not autonomous.


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