NELFUND
31 Jul
The Nigerian Education Loan Fund (NELFUND) has confirmed The Guardian story indicating that applicants for the students' loan scheme would get an upkeep of N20,000 monthly. Speaking at a press conference in Abuja on Wednesday, Managing Director/Chief Executive Officer of NELFUND, Akintunde Sawyerr, revealed that students who applied for upkeep allowance will receive N250,000 per…
31 Jul
The Nigerian Educational Loan Fund (NELFUND) has announced the disbursement of ₦850 million to institutions as fees, according to Managing Director Akintunde Sawyer. Sawyer made the announcement during a press briefing in Abuja on Wednesday, stating that the funds would be released to institutions today. READ ALSO:Telegram Founder Pavel Durov, Reveals He Has Over 100…
31 Jul
The Nigerian Education Loan Fund (NELFUND) has said it has disbursed over N1.72 billion in institutional fees for 20,000 students. This is even as it has approved 260,000 loans consisting of institutional fees and upkeep loans. Managing Director/Chief Executive Officer of NELFUND, Akintunde Sawyerr, stated this at a press conference on Wednesday in Abuja. He…
13 Jun
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…
2 Jun
The Guardian reports that although NOUN is listed as the 29th school among the 126 federal higher institutions to benefit from the loan on NELFUND website, they would not be among the 1.2 million beneficiaries of the first phase of the loan for not meeting this criteria.
30 May
The Nigerian Education Loan Fund (NELFUND) has said over 60,000 students have successfully registered for the loan scheme. Out of this number, 30,000 applicants have successfully applied for the facility. NELFUND also announced that the portal would be opened for students of state-owned universities from June 25th, 2024. Managing Director/Chief Executive Officer of the Fund,…
25 May
The students' loan scheme has commenced in earnest, with 126 federal tertiary institutions set to benefit in the first phase. According to the Nigerian Education Loan Fund (NELFUND), 1.2 million students from federal government-owned universities, polytechnics, colleges of education, and technical colleges are expected to benefit from the first phase of the scheme, while those…
25 May
Applicants for the students’ loan scheme will have their funds disbursed within 30 days of approval of successful applications.
24 May
As the Nigeria Education Loan Fund (NELFUND) launches a portal for the first phase of the student loan programme, the National Association of Nigerian Students (NANS) has frowned at the lethargic response of federal tertiary institutions. Specifically, the umbrella body of Nigerian students accused most federal institutions of failing to upload data of its students…
24 May
Applicants for the student loan scheme will have their funds disbursed within 30 days of approval of successful applications. This is even as the much-awaited loan scheme commenced on Friday, May 24, signaling the formal take-off of the initiative. The website (www.nelf.gov.ng), which went live at midnight Friday, is expected to benefit 1.2million students from…
24 May
The Nigerian Education Loan Fund (NELFUND) has announced that the application portal is now open. “The NELFUND Student Loan Application Portal is now LIVE! Apply today to secure the financial support you need for your education. Visit https://nelf.gov.ng to get started,” NELFUND disclosed this in a post on Friday. READ ALSO: NELFUND opens application portal…
24 May
The Nigerian Education Loan Fund (NELFUND), the official government body for student loans, has announced that the application portal is now open. “The NELFUND Student Loan Application Portal is now LIVE! Apply today to secure the financial support you need for your education. Visit https://nelf.gov.ng to get started,” NELFUND said in a tweet on Friday.…
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