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Student Loan: NANS Calls for Review of Act

by John Ojewale
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The National Association of Nigerian Students, NANS, has urged for the Student Loan Act to be amended.

President Bola Tinubu signed the student loan bill into law in June.

The bill, proposed by former House of Representatives Speaker Femi Gbajabiamila, was intended to overcome the financial barriers that young Nigerians experience in obtaining higher-quality education.

Speaking during a legislative conference on student loans and access to higher education sponsored by the House ad hoc committee in Abuja on Thursday, NANS president Usman Barambu urged for student representation on the board to be included.

He also advocated for the inclusion of polytechnics and colleges of education on the board rather than the previously controlled National University Commission (NUC).

He stated:

“Student loans are for us yet there is no student representation on the board. The board only captured NUC sidelining the polytechnic and colleges of education, which should all be included for fairness and equity.

“Most students will not be able to find their ground financially two years after graduation, therefore, the payment method should be revised to four to five years.

“Forgiveness should also be considered in cases of death.”

 

 

 

cc: Daily Post Ng

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