Education

Kano Leads, FCT Trails: Breakdown of Student Loan Registrations Across Nigeria

The Nigerian Education Loan Fund has released detailed statistics regarding student loan registrations by state of origin.

This data provides insights into the number of students who have registered for loans across various states and those who applied after registering.

This information is crucial for understanding the geographical distribution of student loan applicants in Nigeria.

Key Highlights

  • Kano State has the highest number of registered students, with 20,814 registrations, out of which 17,122 students proceeded to apply after registration.
  • Borno State follows closely with 16,353 registered students and 13,798 applications.
  • The state with the least number of registered students is FCT-Abuja, with 894 registrations, and 676 of those students applied after registering.

Table: Student Loan Registration by State of Origin

State Number of Registered Students Number of Students Who Applied After Registering Percentage Applied (%)
Kano 20,814 17,122 82.3%
Borno 16,353 13,798 84.4%
Benue 16,127 11,754 72.9%
Oyo 14,086 8,990 63.8%
Kaduna 13,873 10,380 74.8%
Katsina 13,538 10,952 80.9%
Osun 13,368 8,093 60.5%
Kogi 12,675 8,400 66.3%
Plateau 11,624 9,328 80.2%
Adamawa 11,219 8,977 80.0%
Kwara 11,126 7,645 68.7%
Taraba 10,499 7,604 72.4%
Yobe 10,398 8,966 86.2%
Ogun 10,387 7,097 68.3%
Akwa-Ibom 9,594 6,517 67.9%
Bauchi 8,358 6,517 78.0%
Kebbi 7,873 6,333 80.4%
Gombe 7,594 6,121 80.6%
Niger 7,487 5,804 77.5%
Jigawa 6,937 5,535 79.8%
Ondo 6,519 3,854 59.1%
Nasarawa 6,192 4,789 77.3%
Ekiti 6,065 3,497 57.6%
Imo 5,458 2,802 51.3%
Delta 4,943 2,771 56.1%
Ebonyi 4,749 2,981 62.8%
Cross-River 4,282 2,476 57.8%
Enugu 4,133 2,247 54.4%
Abia 4,068 2,170 53.4%
Lagos 3,947 2,347 59.5%
Anambra 3,747 1,840 49.1%
Zamfara 3,721 2,986 80.2%
Edo 3,612 2,149 59.5%
Rivers 3,612 2,162 59.9%
Sokoto 3,014 2,055 68.2%
Bayelsa 1,977 1,267 64.1%
FCT-Abuja 894 676 75.6%

Analysis

  • This data is indicative of regional differences in both registration and application rates for student loans across Nigeria.
  • Northern states like Kano, Borno, and Benue have shown higher registration numbers, which could be attributed to the larger youth population and the demand for educational support in these regions.
  • Meanwhile, states like Bayelsa and FCT-Abuja have comparatively lower figures, reflecting either a smaller student population or less awareness and access to loan facilities.
  • The percentages reveal that a majority of students who registered for the loan eventually applied, with states like Borno (84.4%) and Yobe (86.2%) showing particularly high conversion rates.
  • In contrast, states like Anambra (49.1%) and Imo (51.3%) had lower application rates after registration.
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Pie Chart: Student Loan Registration by State of Origin

Below is the pie chart representing the Student Loan Registration by State of Origin in Nigeria based on the data provided. Each state is labeled with the percentage of the total number of registered students, visually showing the distribution of registrations across the states.

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