Last Updated on September 16, 2024 by Timileyin Awogbade
Nigerian Education Loan Fund (NELFUND) has recently provided multiple ways to reach them. This implies that you do not have to raise Nelfund tickets again!
The new channels are:
- Nelfund official X handle
- University of Ibadan Nelfund Support Desk
- An assigned email: [email protected]
- An assigned phone number(WhatsApp): +234-806-058-8180
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Video guide
What you should know about NELFUND
The Act gives the Nigeria Education Loan Fund the authority to lend money to eligible Nigerian students to cover their tuition, fees, charges, and living expenses while they are enrolled in accredited public postsecondary institutions as well as establishments for skill development and vocational training across the nation.
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FAQs on NELFUND Student loan by the Federal Government
How does NELFUNDS work?
This is a loan that would cover the cost of institutional charges and the upkeep of the student if required. The way it works is that the institutional charge would be remitted directly to the applicant’s institution and the upkeep will be paid to the applicant on a monthly installment basis.
Has NELFUNDS started disbursement?
Yes, NELFUNDS has started the disbursement of funds as the academic sessions of universities have begun. Some government-ru institutions have been approved for the disbursement of NELFUNDS.
What is the minimum payment for student loans?
The Nigerian Education Loan Fund [NELFUNDS] is currently disbursing N20,000 to each student in a government-run institution as monthly stipends.
SEE ALSO: Top 25 Frequently Asked Questions and Answers – NELFUND
Timileyin Awogbade
Timileyin Awogbade is a journalist, seasoned copywriter, expert editor, and experienced content creator at Dailylight Channel with over 5 years of experience in writing, content strategy, and SEO.