UNIOSUN Introduces Compulsory Student Loan Scheme For Freshers | MarvelTvUpdates

UNIOSUN Introduces Compulsory Student Loan Scheme For Freshers | MarvelTvUpdates

The Vice-Chancellor, Osun State University, Professor Clement Adebooye, has mandated the institution’s fresh students to apply for Federal Government student loan anchored by the National Education Loan Fund, NELFUND.

This is as he disclosed that the university could only admit 11,000 students out of the 30,000 that applied for the 2024 academic session.

Speaking at the 18th Matriculation ceremony held at the Olagunsoye Oyinlola Auditorium at the main campus in Osogbo on Friday, he assured the newly admitted students of the timely completion of their courses of study.

He disclosed that the FG loan scheme would make learning easy for the new students due to the ongoing economic crisis in the country; hence, new students must apply for the loan.

His words, “I must also seize this opportunity to announce to you the opportunity for student loans provided by the Federal Government through NELFUND. As this is an intervention to cushion the effect of economic hardship on students, the management of this institution has decided that every new student must apply and access it to further make student life easy for you”.

He charged the newly admitted students to work tirelessly to achieve academic progression, saying they are among the few lucky ones to gain admission.

“It will interest you all to note that well over 30,000 candidates applied for admission into the university this year. Of this lot, we are only able to admit 11,000 (approximately one-third) into the various academic programmes across colleges and campuses. Though this means you are among the very lucky few admitted, it also shows you have all it takes to be undergraduates in any Nigerian university.

“But then, you all have to note for your all-time guidance that it is not everyone that starts any race that usually completes the race. The race in this context is competence building and knowledge acquisition, which come with regular lectures, assignments, tests, examinations, and character moulding all through your residency here.

In this esteemed institution, we uphold the values of integrity, discipline, and moral uprightness. Social vices such as examination malpractice, cultism, indecent dressing, drug abuse, sexual harassment, and truancy are strongly condemned,” he added.

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