The Nigerian Education Loan Fund has alerted the public to a fraudulent message circulating online, claiming that the NELFUND Student Loan Registration Portal is open. In a post obtained from its social media handle on today, NELFUND urged students and the general public not to click on the link or provide any personal information, emphasizing that…
The Nigerian Education Loan Fund has announced significant progress in its student loan scheme, with over ₦116.4 billion disbursed to beneficiaries since the portal launch on May 24, 2024. According to the Daily Status Report released on Tuesday, October 28, 2025, via its social media handle, NELFUND said a total of 929,805 applications have been…
The Nigerian Education Loan Fund, NELFUND, has called on accredited tertiary institutions to update their existing student records and upload the details of all their students, both returning and newly admitted, on the NELFUND Student Verification Portal ahead of the official opening of the portal for the 2025/2026 academic session. A statement signed by Oseyemi…
The House of Representatives has begun a probe into the disbursement of the Nigerian Education Loan Fund, NELFund, in the South East. Chairman of the Joint Committee on Student Loans, Scholarships and Higher Education Financing, Banking and Other Ancillary Institutions, Anti-Corruption, and University Education, Paul Sunday Nnamchi, made this known at the South East Zonal…
The Nigerian Education Loan Fund said it has disbursed N6,972,000 to support 10 students at the African Aviation and Aerospace University in Abuja. The Fund announced this in a statement released on Tuesday. “We are pleased to announce the disbursement of ₦6,972,000.00 to 10 beneficiaries at African Aviation and Aerospace University (AAAU), Abuja, Nigeria,” it…
Mr. Lanre Issa-Onilu, Director-General of the National Orientation Agency (NOA), has disclosed that over 600,000 students have so far benefitted from the N59million disbursed under the Nigeria Education Loan Fund (NELFUND) scheme. Mr. Issa-Onilu, disclosed this at a news conference on Thursday in Kano, to launch the five nationwide enlightenment campaigns on government policies, national…
The Nigerian Education Loan Fund (NELFUND) has released guidelines for the administration of the Federal Government’s Student Loan Scheme in public tertiary institutions, setting out rules for eligibility, application, disbursement, and repayment. According to a statement on Tuesday signed by Mrs Oseyemi Oluwatuyi, Director of Strategic Communications, applicants must be Nigerian citizens with valid admission…
The Nigerian Education Loan Fund on Thursday noted that upkeep loan disbursement is now strictly tied to the academic session of each institution. NELFUND made this known in a statement by signed by its Director of Corporate Communications, Oseyemi Oluwatuyi. “In line with this directive, students shall only be entitled to upkeep loans for their…
The Provost of Harvarde College of Science and Management Studies, Obada, Abeokuta, Dr Oluwatosin Adebayo, has faulted the calls for students of private tertiary institutions to benefit from the Nigerian Education Loan Fund. Adebayo argued that parents who send their children to private universities in Nigeria do so because they can afford the tuition, adding…
The Nigerian Education Loan Fund has warned students to be cautious of a fake portal with fraudulent messages currently circulating online. This is contained in a statement in Abuja on Monday by the fund’s Director of Strategic Communications, Mrs Oseyemi Oluwatuyi. Oluwatuyi said the information contained in the online messages was misleading. “The attention of…