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Federal vs Private
Know the protections—and tradeoffs—before you borrow or refinance.
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Student loan arrest warrants may become easier under a new tax bill
17+ hour, 10+ min ago (766+ words) Revenue Minister Simon Watts has identified his target: overseas student loan borrowers who deliberately avoid Inland Revenue communications. A change Parliament has been asked to pass does not expressly require deliberate avoidance to be proved. The change appears in clause…...
Trump student loan repayment rules cut choices for new borrowers
1+ day, 3+ hour ago (367+ words) The Trump student loan repayment rules will limit new federal borrowers to two repayment choices — the Repayment Assistance Plan (RAP) or a Tiered Standard plan — for loans first disbursed on or after July 1, 2026, the U.S. Department of Education says....
Graduates could get student loan relief as Treasury reviews repayment freeze
1+ day, 21+ hour ago (673+ words) The Treasury has refused to rule out unfreezing the earnings threshold for university graduates, stating that all elements of the student finance system remain under review. Ministers have also agreed to explicitly clarify that loan conditions can be altered by…...
UK to update student loan guidance after repayment dispute
1+ day, 9+ hour ago (344+ words) The UK government will update guidance for students taking out university loans to clearly warn them that lending terms may change in the future. The Guardian reports. The guidance update came in response to criticism over the planned freeze of…...
'N355.9bn NELFUND loans at risk as repayment nears"
6+ day, 14+ hour ago (691+ words) ABUJA — About N355.87 billion disbursed by the Nigeria Education Loan Fund, NELFUND, could face recovery challenges when repayments begin unless the Federal Government urgently strengthens the scheme’s repayment architecture, a higher education policy think tank has warned. The iRead To Live…...
NELFund Speaks On Students Loan Defaulters Facing Life Imprisonment
1+ week, 14+ hour ago (246+ words) The Nigerian Education Loan Fund (NELFUND) has dismissed a viral claim that President Bola Tinubu approved life imprisonment for students who fail to repay their education loans after graduation. Naija News reports that the the clarification was issued on Sunday…...
Student loan system canât detect party affiliation â NELFUND - TheStar
1+ week, 10+ hour ago (475+ words) The Nigerian Education Loan Fund (NELFUND) has dismissed allegations that its student loan scheme favours applicants based on their political, ethnic or religious affiliations. NELFUND Managing Director and Chief Executive, Akintunde Sawyerr, described the allegation as “completely ridiculous”, insisting that…...
Students Wouldn???t Face Life Imprisonment Over Unpaid loans -NELFUND
1+ week, 7+ hour ago (203+ words) The Nigerian Education Loan Fund (NELFUND) has dismissed as false a viral report claiming that students who fail to repay their education loans after graduation would face life imprisonment. In a post shared on its official X account on Sunday,…...
NELFUND Dismisses Allegations of Partisan Bias in Student Loan Disbursements
1+ week, 9+ hour ago (289+ words) NELFUND Managing Director Akintunde Sawyerr has rejected claims that the federal student loan scheme operates to favor supporters of the ruling APC. Akintunde Sawyerr, Managing Director and Chief Executive Officer of NELFUND, addressed the controversy on Sunday during a nationwide…...
Student loan has no political bias — NELFUND boss
1+ week, 10+ hour ago (412+ words) The Managing Director and Chief Executive Officer, NELFUND, Akintunde Sawyerr. The Managing Director and Chief Executive of the Nigerian Education Loan Fund, Akintunde Sawyerr, has debunked claims that the student loan scheme is biased. Sawyerr noted that it was “completely…...