Federal Government introduced A Student Welfare Insurance Schemes for students of Federal Unity Colleges

A Student Welfare Insurance Schemes for students of the 104 Federal Unity Colleges owned and run by federal govt.

Will cost each student N5,000 premium per session.

Benefit: In case of death of parent/sponsor, student will be paid 500k per session (max of N2.5m total)

The idea of this Insurance Scheme is to ensure that no student of a Unity School has to drop out or suffer any interruption in education on account of death of a parent or sponsor.

The Government has engaged the services of private insurance companies for this Scheme.