The Federal Government has introduced a new loan scheme aimed at improving the welfare and professional growth of staff in tertiary institutions. Tagged the **“Tertiary Institution Staff Support Fund,”** the initiative targets both academic and non-academic personnel in universities, polytechnics, and colleges of education. Under the scheme, each eligible staff member can access up to **N10 million**, capped at **33.3% of their gross annual salary**. The loan can be used for transportation, medical expenses, and small-scale business ventures such as poultry farming. The launch was announced in a statement issued by **Folasade Boriowo**, Director of Press at the **Federal Ministry of Education**, on Sunday. According to the statement, the fund was unveiled during a high-level stakeholder meeting in **Abuja**. Minister of Education, **Dr. Tunji Alausa**, said the initiative is part of the government’s broader strategy to revamp the tertiary education system in Nigeria. The statement read, “TISSF is not just about welfare. It is about empowerment. “We are ensuring that our education workforce is supported to live well, grow professionally, and continue contributing meaningfully to institutional excellence. “TISSF is a welfare-focused loan scheme that promotes financial stability, improves quality of life, and supports career advancement for staff across Nigeria’s tertiary institutions.” The programme will be implemented in partnership with the Bank of Industry, which will manage the disbursement process to ensure transparency, accountability, and effective delivery. The Minister of State for Education, Suwaiba Sa’id Ahmad, was quoted as stating that the programme was developed through extensive consultation with staff unions, institutional leaders, and other key stakeholders. The statement also noted that a robust monitoring and evaluation framework had been embedded to track progress and ensure the long-term success of the fund. Stakeholders at the launch included representatives from the Tertiary Education Fund, Bank of Industry, vice-chancellors, rectors, and provosts, who were said to have expressed strong support for the initiative.