Reactions trail passage of Student Loan Fund Bill.

Mixed reactions have continued to trail the passage of the Student Loan Fund (SLF) bill into law by President Bola Tinubu.

The SLF was sponsored by the immediate past Speaker of the House of Representatives, Femi Gbajabiamila in twenty sixteen to address the funding gaps in tertiary institutions.

Some interns attached to the News and Current Affairs Department of Radio Bayelsa, Winifred Goodnews, Margret Solomon and Gift Ere report that while some Nigerians said it was a welcome development, others expressed dissatisfaction on the approval of students’ loan.

In an interview, President, Student Union Government, Niger Delta University, (NDU) Amassoma, Comrade Precious Apiri, said the student loan will be of great benefit because many drop out from higher institutions due to financial challenges could go back to complete their studies.

Similarly, a resident of Yenagoa, Mrs Faithful Godknows noted that availability of the loan can tackle the fear of students been exempted from examination for nonpayment of fees.

Contrarily, a student of Political Science Department, NDU, Miss Edisemi Sokari decried the fact that it could lead to hike in fees by most schools thereby making it still difficult for indigent students to access.

Miss Sokari also bemoaned the criteria for accessing the loan, stressing that it is complicated, and it has discouraged her from making an attempt.

Similarly, another student of the Department of Mass Communication NDU,  Miss Rita Famous said it is difficult to get the loan if parents/guidance do not have up to five hundred thousand naira in their bank account, pointing out that it is baseless asking for the loan if someone cannot meet the requirements.

For a Student of the Department of Microbiology, Mr Joshua Emmanuel said the student loan bill is not necessary because someone can be jailed when he/she cannot meet up payment.

Mr. Emmanuel added that it is preferable for government to negotiate with stakeholders on how fees can be reduced rather than approving a loan that most of them cannot access.