The money, which was paid directly into the University account was for the students who applied for the student loan through the Nigerian Education Loan Fund (NELFUND) initiative of the federal government.

In a leaked viral memo from the registrar, Ganiyu Saliu to the Dean of Students’ Affairs, the institution assured that any student who is a beneficiary of the NELFUND loan and has already paid levies for the session fee is entitled to a refund.

It added that to apply for a refund, the student must write through the Dean of Students to the Deputy Vice-Chancellor, Academic, providing their account details for the refund.

The memo which was sighted by The Nation was also confirmed by a source who pleaded not to be quoted.