University of Ilorin (UNILORIN) has said it has secured N1.6 billion Nigerian Education Loan Fund (NELFUND) for 12,983 students in the 2024/2025 academic session.
It added that the loan was across all disciplines, including medical students.
Vice Chancellor Prof Wahab Egbewole told reporters yesterday in Ilorin, Kwara State capital, while heralding the 40th convocation of the university.
Egbewole said: “This laudable programme of the Federal Government has guaranteed that no student will drop out as a result of funding.”
He hailed the interventionist policies of Tertiary Education Trust Fund (TETfund), noting that “an intervention fund of N52.6 billion was allocated to the university by TETFUND for year 2025 and this covers 11 areas, including physical infrastructure/programme upgrade, academic staff training, ICT support, entrepreneurship, career services.
“The university equally received N300 million for zonal interventions to execute projects.
“Equally, a special high impact project (SHIP) was given to our university to upgrade facilities in the sum of N4 billion at the College of Health Sciences and another N750 million for the building of hostel at the college.”
The vice chancellor said 12,653 students would graduate during its 40th convocation, coinciding with the institution’s 50th anniversary.
He added that the graduating class for “the 2024/2025 academic session includes 316 First Class graduates, 4,120 Second Class Upper, 5,939 Second Class Lower, 1,078 Third Class, and 11 Pass degrees.
“The list also includes 175 MB;BS graduates, 94 Nursing graduates, 36 from Veterinary Medicine, 64 in Physiotherapy and 13 Diploma awardees.
“In the postgraduate category, 1,520 students will receive higher degrees, comprising 182 Postgraduate Diplomas, 916 Master’s, 188 professional Master’s and 234 PhDs.”
