BREAKING: Osun State Polytechnic, Iree, Directs All 2024/2025 Graduating Students To Pay Endowment Fund
The management of Osun State Polytechnic, Iree, has issued an official directive mandating all graduating students of ND II and HND II to pay a sum of ten thousand naira (₦10,000) as an endowment fund contribution before collecting their final results.
According to an internal memorandum released by the Office of the Registrar and signed by Abiodun O. Oloyede on Wednesday, October 16, 2025, the decision was approved by the Governing Council of the Institution during its meeting held on Wednesday, June 25, and Thursday, June 26, 2025.
The memo emphasized that the payment aims to contribute to the development of amenities and infrastructure within the Polytechnic. The Endowment Fund will be managed by a special committee comprising officials from the institution, the State Ministry of Education, the Alumni Association, and a Student Union Representative.
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| Copy of the memo. |
All graduating students for the 2024/2025 academic session are required to make the payment into the designated account:
Account Number: 2007268753
Account Name: Osun State Polytechnic, Iree Endowment Fund
Bank: FCMB
The memo further warned that failure to make the payment before the collection of final results may result in delays in processing students’ Notification of Results.
“The payment is to be effected before all the concerned students collect their final Notification of Results,” the memo stated.
This development is part of the institution’s broader efforts to strengthen infrastructural development and sustain the growth of academic facilities for future students.
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