The Nigerian Education Loan Fund has seen overwhelming demand for student loans. According to its Managing Director, Akintunde Sawyerr, the student loan scheme has been a lifeline for students struggling to finance their education. Many students have struggled to get into institutions and stay enrolled, but the programme has provided rescue.

Sawyerr discussed the demand during an interview, noting that it has been significant because many people have struggled to access education.

Further details about the demand and the fund's disbursements are being analysed by NELFUND to better understand the financial requirements of students.