April 2025 update on upkeep disbursement

Nelfund April disbursement for upkeep: Nelfund latest news for all beneficiaries

The management of Nigerian Education Loan Fund (NELFUND), Akintunde Sawyerr just announced via the fund official X handle that Nelfund April disbursement for upkeep payments to eligible student beneficiaries across the country has commenced. “While most payments have been successfully processed, a small number of beneficiaries may experience a delay due to the recent upgrade…

An image illustration of student loan from NELFUND portal

Important Update for Student Loan Beneficiaries on the NELFUND Portal

The Nigeria Education Loan Fund (NELFUND) wishes to inform all student loan beneficiaries that disbursement status can be independently verified via their personal dashboard on the NELFUND portal. Students are hereby reminded that there are two reliable forms of notification confirming that their student loan has been disbursed. Recent updates on your Nelfund Student Loan…

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nelfund student loan post graduates

NELFUND opens up on why Postgraduate students are ineligible

The Nigerian Education Loan Fund (NELFUND) has clarified the requirements for the scheme, detailing why students enrolled in postgraduate programs are not eligible to apply for the funding. During an appearance on TVC’s Breakfast Saturday, the Managing Director of the Fund, Akintunde Sawyerr, made this clarification. Sawyerr also responded to queries regarding the loan eligibility…

Nelfund Link Portal to Institutions Website 1200 C3 97675

NELFUND links portal to Institutions’ websites

The Nigerian Education Loan Fund has announced that it is making efforts to link its website with the portals of educational institutions to facilitate easier verification processes.Mustapha Iyal, the Executive Director of Operations at the Fund, shared this information during a sensitisation event held at the University of Ilorin for higher education institutions in Kwara State on…

nelfund student loan fake website alert 1200 C3 97630

NELFUND warns Nigerian students against fake loan application websites

The Nigerian Education Loan Fund issued a warning on Saturday, advising students to be cautious about applying for student loans through fraudulent websites and portals. The Fund emphasized its commitment to ensuring that qualified students receive student loans but urged them to be wary of deceptive sites that pretend to be the official website of…