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Senate passes student loan act bill

The Senate has passed the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024.

This followed a consideration of the report of the Senate Committee on Tertiary Institutions and TETFUND that considered the Bill.

Chairman of the committee, Senator Muntari Dandutse (APC-Katsina South, presented the report during plenary, on Wednesday.

President Bola Tinubu had last week, transmitted the Bill to the National Assembly for its consideration and passage.

The Bill seeks to provide easy access to higher education for indigent Nigerians through interest-free loans from the Nigerian Education Loan Fund established in the Act to provide education for all Nigerians.