JUST IN: OSPOLY Mgt Suspends Endowment Fund Payment For Graduands

By Zaniab Adeyemi 

The management of Osun State Polytechnic (OSPOLY), Iree, has announced the suspension of Endowment Fund payments for all graduating students.

This directive was made known through an internal memorandum issued by the Registrar on April 23, 2026.

According to the memo, the decision was taken due to technical problems affecting the payment process. As a result, all graduands have been directed to stop making further payments for now.

Students who have already paid the Endowment Fund were also addressed in the notice. The school stated that such payments will not be refunded.

It was made known in the memo that the funds already collected will be used for an alumni-related project within the school. This means the money will still benefit the institution and its community.

The memo was signed on behalf of the Registrar, confirming that the directive is official and should be followed by all concerned students.

Students and other stakeholders are advised to wait for further updates from the school concerning when the payment process will resume or if there will be any new changes.

Copy of the memo.

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