The National Association of Nigerian Students (NANS) has advocated for a five-year period after the completion of the National Youth Service Corps (NYSC) for the commencement of repayment for beneficiaries of the Federal Government loan scheme.
The National Association of Nigerian Students has advocated for a five-year period after the completion of the National Youth Service Corps for the commencement of repayment for beneficiaries of the Federal Government loan scheme.
argued that expecting repayment to start just two years after NYSC is not realistic, as less than 10 percent of graduates secure employment within that time frame. President of , Lucky Emonele, made this proposal in Abuja during a public hearing on the repeal and re-enactment of the 2024 Students Loans Access to Higher Education Bill. The hearing was organized by the Senate Committee on Education and TETFUND, as well as the House of Representatives Committee on Student Loan, Scholarship, and Higher Education Financing.
leadership as representatives on the loan board and praised the decision to repeal the Act to address potential hindrances to the success of the student loan scheme. He stressed the need for study grants for Nigerian students and called for measures to prevent arbitrary increments in school fees by tertiary institutions, urging the National Assembly to pass a resolution prohibiting public tertiary institutions from raising fees for the next decade to ensure the sustainability of the loan scheme.