 And students at Nigeria Tertiary Institutions can now heave a sigh of relief as the President and Commander-in-Chief of the Amd forces presented by the President Bola Ahmed Tinnabu finally ascended into law the Nigerian Students' Loan Act yesterday, 3rd of April, 2024. For students of the poor and underprivileged, the initial bottleneck in the Act which requested at least 500,000 Naira to be provided by parents to enable them access the loan on behalf of the children or what has been removed. The Chairman House Committee on Students' Loans, Scholarship and Higher Education Financing Honourable Buega Isiaka made these loans to journalist Ina Buja during a media briefing. I mean the whole essence of this is number one is about cost sharing. Number one, number two is also to give the students opportunity to also have a say into their future. Now if you want to go and read the engineering and the cost of engineering is so much and you feel that your parents cannot afford it, therefore you want to because of that go to Biza Admin or go to sociology. Now you have opportunity to go and read your engineering because you know that at least you'll be able to you know you'll be able to you know assess a loan that can take you out of out of out of school and also to bring some sanity into our education education system. We now have a situation where at the end of the day both the government, the parents and the students are all contributing towards educating a child. I mean who will now be given an opportunity to start repayment up to a maximum of 10 percent of his gross income which is that is what is in the law when is even start even start working. I think that is just that is just the summary I can give. He also leased grounds for penalties stating that students could be disqualified from accessing the loan if found wanting in examination, malpractice or cultism. Also a provision there, a provision for disqualification, you can be disqualified from you know from this loan and even as a Nigerian if for instance you are a member it is confirmed by this authority that you are a member of a court group if it's confirmed that you have been informed in the explanation malpractices before it is confirmed that you have been informed in hard drugs you know by this authority and so many of those some of those kind of social vices so it's also a way to also correct some of those things in the system.