Students’ loan: NELFUND to publish list of institutions with complete data June 24

Student Loan Act

The Nigerian Education Loan Fund (NELFUND) said it will publish the full list of tertiary institutions that uploaded their complete student data onto the agency’s Student Verification System (SVS) portal on June 24.

This, it said, would affect both federal and state tertiary institutions.

In a statement by the agency on Thursday in Abuja, it said the move is to engender transparency and encourage due access and participation in the scheme.

Some applicants have expressed frustration over their inability to apply for the credit facility, while the agency attributed the problem majorly to institutions’ inability to supply complete data of eligible students.


The Guardian reports that while the loan portal is currently open for students in 126 federal universities, polytechnics, and colleges of education, the scheme will be accessible to state-owned tertiary institutions from June 25.

NELFUND spokesperson, Nasir Ayitogo, lauded institutions that have submitted complete data of their students.

The spokesperson explained that the process of uploading the data to NELFUND Student Verification System is currently ongoing for the state owned institutions.


He said: “In order for applicants to be able to access the fund, the individual’s details must feature in institution’s submitted data set sent to the NELFUND SVS, where automatic applicant verification can then occur seamlessly.

“Failure to have this verification would invalidate the application process and disadvantage applicants.

“It is therefore critical that the information provided by the tertiary institutions is not only complete, but also accurate.


“The correlation or matching of JAMB numbers, Matriculation numbers and Admission numbers as well as applicants full names and dates of birth, will support the evaluation proces.”

He urged applicants to enter their data into the portal accurately when applying, and ensure that their email addresses are entered without error.

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