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Federal Government Announces Scholarship Opportunities Worth N5.1 Billion

Student Loan: President Tinubu Appoints Management Team for National Education Loan Fund
Student Loan: President Tinubu Appoints Management Team for National Education Loan Fund

The Federal Government of Nigeria has unveiled scholarship opportunities worth N5.1 billion aimed at addressing critical issues affecting the economy and the welfare of Nigerian citizens.

The announcement, made by the Federal Ministry of Education on Wednesday night, April 2, 2024, highlighted the “2023/2024 FEDERAL GOVERNMENT SCHOLARSHIP AWARDS (NIGERIAN SCHOLARSHIP AND EDUCATION BURSARY AWARD)” program.

Eligibility criteria for the Nigerian Scholarship Award require full-time enrollment in any tertiary institution within Nigeria. Postgraduate applicants must hold a minimum of a first degree with Second Class Honours in the Upper Division, while undergraduate applicants need a minimum Cumulative Grade Points Aggregate (CGPA) of 4.0 or its equivalent.

Interested candidates were directed to access the Federal Ministry of Education’s website and complete the application process within the specified timeframe, from April 2, 2024, to May 13, 2024.

The scholarship covers various fields such as Science and Technology, Medicine, Education, Agriculture, Liberal Arts, Entrepreneurial Studies, Information and Communication Technology, Environmental Sciences, and Law.

Additionally, the Ministry introduced the Education Bursary Award aimed at students studying Education in Nigerian Colleges and Universities. The eligibility criteria include being registered full-time students in their second year or above.

The application process is free of charge, and applicants are advised to reach out to designated contact numbers for further inquiries.

This initiative underscores the Federal Government’s commitment to enhancing access to higher education and addressing pertinent challenges in the education sector, aligning with recent legislative initiatives aimed at improving the Higher Education Student Loan Scheme.

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