The Academic Staff Union of Universities (ASUU) says poor and indigent students will not benefit from the students’ loan recently introduced by the Federal Government because of the conditions attached.

Dr Mwolwus Jurbe, Chairman of the University of Jos Chapter of ASUU, who said this in an interview with the News Agency of Nigeria (NAN), on Saturday in Jos, maintained that the conditions attached to the loan were not for the children of the poor, who were supposed to be the target beneficiaries.

NAN reports that President Bola Tinubu had in June signed the Access to Higher Education Act, 2023, also known as the Students Loan Act.
The Academic Staff Union of Universities (ASUU) says poor and indigent students will not benefit from the students’ loan recently introduced by the Federal Government because of the conditions attached.

Dr Mwolwus Jurbe, Chairman of the University of Jos Chapter of ASUU, who said this in an interview with the News Agency of Nigeria (NAN), on Saturday in Jos, maintained that the conditions attached to the loan were not for the children of the poor, who were supposed to be the target beneficiaries.

NAN reports that President Bola Tinubu had in June signed the Access to Higher Education Act, 2023, also known as the Students Loan Act.

The law would ensure the provision of interest-free education loans for Nigerians seeking tertiary education.

Some of the conditions are that; students who wished to apply for the interest-free loan must first obtain admission into a public Nigerian university, polytechnic, College of Education (COE), or Technical and Vocational Education and Training (TVET) School.

The applicant’s income or family income should not exceed N500,000 per annum, and READ MORE......