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Determining the "best" earnings platform depends on your individual skills, goals, and content niche . For influencers, the Scottly program offers a way to earn rewards For freelancers: Upwork and Fiverr : These are leading platforms for freelancers offering services like writing, design, and marketing . Upwork connects freelancers with clients for a wide range of projects, while Fiverr is known for its lower-priced "gig" economy . ClearVoice : An option for experienced writers and content creators to get connected with businesses that need high-quality content. For content creators: YouTube : Consistently rated as one of the best-paying platforms for content creators due to its ad revenue sharing, which is paid through the YouTube Partner Program. Shutterstock : Ideal for photographers and digital artists who want to sell their creative work, offering passive income through licensing fees. Teachable and Skillshare...
The Nigerian Education Loan Fund (NELFUND) is a financial institution established by the Nigerian government under the Students Loans (Access to Higher Education) Act, 2024. Its primary purpose is to provide interest-free loans to eligible Nigerian students pursuing higher education and skills acquisition within the country.
Key features of NELFUND
Establishment: President Bola Ahmed Tinubu signed the act establishing NELFUND in April 2024, repealing a previous version from 2023.
Administration: The fund is managed by a team appointed by the Nigerian president and headed by a Managing Director, Akintunde Sawyerr.
Funding sources: The fund receives 1% of all federal inland revenue tax collections and can also receive funding from private donors.
Expansion of scope: Initially focused on public tertiary institutions, NELFUND has announced plans to extend its services to students in vocational and technical training centers.
Student support: It provides two main categories of loans:
Tuition and fees: Payments are made directly to the educational institution.
Upkeep allowance: A monthly stipend to cover students' living expenses.
Loan repayment: Beneficiaries are required to start repaying the loan two years after completing their National Youth Service Corps (NYSC). Repayment is set at 10% of their monthly salary or profit.
Eligibility and application: NELFUND has outlined clear guidelines and a step-by-step application process for students to follow on its official website.
Challenges and recent developments
Despite its ambitious goals, NELFUND has faced some challenges and has taken steps to address them in 2025:
Institutional verification delays: NELFUND has urged tertiary institutions to expedite the verification process for loan applicants to ensure timely disbursement of funds.
Launch of vocational program: The fund began a pilot program in Enugu State to provide financial support for skills acquisition and vocational training.
Future job portal: NELFUND has plans to launch a centralized job portal by 2026 to help beneficiaries secure employment opportunities.
Budget and disbursement: In early 2025, NELFUND's budget for the year was approved, with millions of naira allocated for student upkeep and institutional fees.
How to apply for NELFUND loans
To apply for a loan from NELFUND, students should:
Visit the official NELFUND website at nelf.gov.ng.
Click the "Apply Now" button on the homepage.
Fill out the application, providing the necessary personal and educational details for verification.
How to Apply for NELFUND 2024/2025 Student Loan
Auchi Polytechnic
guidelines for the operations of the nigerian education loan fund ...
Amazon Web Services
NELFUND disburses N56.85 billion loans to 298,124 students in ...
The billionaires behind the work space Plus: A Diversity Report Card | March Madness Corporate Spending | 30 Under 30 Europe ADVERTISEMENT BECOME A MEMBER • NEWSLETTERS • MYFORBE S A total eclipse and the men’s championship game to cap off March Madness? What a start to the week! There should be plenty to discuss around the proverbial water cooler. In other news, Forbes released its annual list of billionaires last week, highlighting the richest people in the world . Tech remained a major contributor to the wealth on the list, with artificial intelligence startups minting two new billionaires in Ivan Zhao of Notion and Brett Adcock of Figure. And what about the billionaires who started, own or run the products and software most of us use during the workday? Take Google cofounders Larry Page and Sergey Brin, worth $114 billion and $110 billion respectively. From Google search to the Google Workspace offe...
Music X-ray "X-Raying the Music Industry: Trends, Insights, and Innovations" The music industry is constantly evolving, with new trends, technologies, and innovations shaping the way we create, consume, and interact with music. In this article, we'll take an X-ray of the music industry, exploring the latest developments and what they mean for artists, fans, and the industry as a whole. *Trends Shaping the Music Industry* - *Streaming Dominance*: Streaming services continue to dominate the music industry, with platforms like Spotify, Apple Music, and TikTok changing the way we discover and consume music. - *Independent Artists*: The rise of independent artists and labels is democratizing the music industry, giving creators more control over their work and direct access to fans. - *AI-Generated Music*: AI-generated music is becoming increasingly popular, raising questions about authorship, creativity, and the future of music production. *Insights from the Music Industry*...
Zara Beauty Product the application techniques for Zara Beauty are generally similar to those for other cosmetic brands. For best results, use proper preparation, the right tools, and blending techniques. General tips for applying Zara Beauty products Prepare your skin: Start with a clean, moisturized face. For makeup to look its best, it's essential to have a smooth and hydrated base. Use the right tools: High-quality brushes and sponges can make a huge difference in how your makeup applies and blends. For foundation, a sponge or dense brush can provide a smooth, even finish, while a fluffy brush is best for applying setting powder. Start with a little: It is always easier to add more product than to take it away. Start with a small amount and build up the coverage or color as needed. Blend well: Use light, circular motions to blend products seamlessly into your skin. This prevents harsh lines and creates a natural, flawless look. How to use specif...
What's the meaning of Scorti-Samuel ? How the name came to be! I loved to play ⚽ at my leisure time. There was so much energy, the youthful drive!, and the opportunity to play. It was pure grace. I started playing as early as age 5, even joining school's soccer team. When I first started learning to play the basics, I would lose goals on attempt and then school team mates would rather jokingly say "he can't score" Literally in their native pronunciation it would be "oh score ti?" It was born out of the chantings that I couldn't just score. I took on the challenge to use their downing name to making sure I got better as a person, they Literally gave me the starting that I needed of Which I truly now appreciate. All the challenge had now brought out a focused youth or young lad going for the goal. I would basically attend many trainings just to get better. Soon I had scored my first team goal in this new team I had recently being teemed with from a...
How to License Your Music for Sync: A Step-by-Step Guide " To get started with sync licensing, you'll want to prepare your music for placement in TV, film, and ads. Here's a step-by-step guide to help you succeed: Preparing Your Music - *Create a strong portfolio*: Build a collection of high-quality tracks that showcase your unique style and sound. - *Ensure broadcast-quality recordings*: Make sure your tracks are professionally recorded, mixed, and mastered. - *Provide instrumental versions*: Include instrumental mixes of your tracks to increase their versatility. - *Metadata is key*: Add relevant metadata to your tracks, including artist name, genre, label, song titles, album name, and track numbers ¹ ². Choosing the Right Platform - *Research music supervisors*: Look for music supervisors who work on projects that fit your music style. - *Select reputable platforms*: Choose platforms like Track Club, Ditto Sync, or Bodega Sync that connect artists with music superviso...
Determining the "best" earnings platform depends on your individual skills, goals, and content niche . For influencers, the Scottly program offers a way to earn rewards For freelancers: Upwork and Fiverr : These are leading platforms for freelancers offering services like writing, design, and marketing . Upwork connects freelancers with clients for a wide range of projects, while Fiverr is known for its lower-priced "gig" economy . ClearVoice : An option for experienced writers and content creators to get connected with businesses that need high-quality content. For content creators: YouTube : Consistently rated as one of the best-paying platforms for content creators due to its ad revenue sharing, which is paid through the YouTube Partner Program. Shutterstock : Ideal for photographers and digital artists who want to sell their creative work, offering passive income through licensing fees. Teachable and Skillshare...
I. Budgeting Essentials 1. Track Your Expenses: Record every transaction to understand spending habits. 2. Create a Budget Plan: Allocate 50% for necessities, 30% for discretionary spending, and 20% for saving and debt repayment. 3. Prioritize Needs Over Wants: Distinguish between essential expenses and luxury spending. II. Saving Strategies 1. Emergency Fund: Save 3-6 months' worth of living expenses. 2. Short-Term Savings: Set aside funds for specific goals, like vacations or down payments. 3. Long-Term Savings: Utilize retirement accounts, like 401(k) or IRA. III. Investing 101 1. Understand Risk Tolerance: Assess comfort level with market fluctuations. 2. Diversify Your Portfolio: Spread investments across asset classes, like stocks, bonds, and real estate. 3. Start Small: Begin with index funds or ETFs. IV. Debt Management 1. Debt Snowball: Pay off high-interest debts first. 2. Debt Consolidation: Combine debts into a single, lower-interest loan. 3. Negotiate with Creditors: R...
Oppurtunities For UGC Creators Scottly is open to accepting content creators and influencers around the globe. The Scottly Content Creator Program The Scottly Content Creator Program offers a unique opportunity for Creators to earn rewards for creating , promoting content and driving organic traffic to their contents With a transparent payment system and no sales requirements, it's an attractive option for creators looking to monetize their influence. Join the program today and start earning rewards Scottly pays an average of $200 monthly to content creators who become auditors where their contents meet The requirements which are detailed below: - Original Content -The Right Target Audience: US, UK, AU, DE -50,000 impressions of authentic content or blog views Apply As A Content Creator We only spotlight the main trends here, listing estimated costs per 1,000 impressions. That’s because payouts vary wild...
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