The Nigerian Education Loan Fund (NELFUND) has announced the official opening of its online student loan application portal for the 2025/2026 academic session, allowing eligible students to apply for financial assistance to support their education. This was made known in a statement posted on NELFUND’s official X handle on Tuesday, titled “NELFUND Announces Opening of […]
The Nigerian Education Loan Fund (NELFUND) has announced the closure of its online application portal for the 2024/2025 academic session, effective Tuesday. In a statement issued on Monday by its Director of Strategic Communications, Oseyemi Oluwatuyi, the Fund said the move concludes its second full application cycle, allowing it to complete the processing of outstanding […]
The Nigerian Education Loan Fund has warned that it will sanction tertiary institutions found culpable of fraudulent practices, including falsifying students’ records, colluding with students to access loans, or failing to refund overpaid funds. This was contained in the latest operational guidelines of the student loan scheme, published on Tuesday. Recall that some institutions had […]
The Nigerian Education Loan Fund (NELFUND) has disbursed ₦86 billion through its student loan scheme, providing financial support to 449,000 students nationwide NELFUND Managing Director, Akintunde Sawyerr, announced the figures on Friday during an interview on Channels Television’s Sunrise Daily. He said the agency had processed 735,000 applications from 742,000 registered prospective beneficiaries, with applications […]
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