Effective Monitoring and Evaluation Panacea for Students’ Loan Programme Sustainability in Nigeria

Abstract

This paper discussed the important of effective monitoring and evaluation of students loan programme in the Nigerian tertiary institutions. The paper is a review that depends on secondary data. The secondary data were collected from print and online publications. The paper concluded that effective monitoring and evaluation should be integrated into the students loan programme in Nigeria. The paper noted that the roles of monitoring and evaluation in the students’ loan programme cannot be underestimated because it will aid effective implementation of students loan programme, reduce wastage in the process of implementation, curtain corruption and help in making decisions and policies to better improve in the implementation of the students loans loan programme in Nigerian tertiary institutions. Based on this, the paper suggests that the federal government should direct the management of the programme to ensure effective monitoring and evaluation of the programme is done on every year. The management of the students loan programme should provide adequate funds for the monitoring and evaluation of the programme. Government should deploy ICT facilities to monitor the funds allocated for the implementation of the programme to curtain corruption in the system.