The administration of President Bola Tinubu has opened the Tertiary Institution Staff Support Fund (TISSF) portal for academic and non-academic staff across universities, polytechnics, and colleges of education.
The initiative provides interest-free loans of up to N10 million, with a maximum repayment period of five years and a one-year moratorium.
Beneficiaries can use the fund for transportation, small-scale agro-business ventures, medical expenses, family support, accommodation, and academic advancement.
Application portal can be accessed via ’tissf.education.gov.ng’
Minister of Education, Tunji Alausa, thanked President Tinubu for approving the initiative, describing the TISSF as a demonstration of the administration’s commitment to education and staff welfare. He noted that the fund complements the successful student-oriented NELFUND program.
The TISSF is part of the National Education Sector Renewal Implementation (NESRI) framework, with monitoring mechanisms and guardrails in place to ensure smooth implementation.
