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…

April 2025 update on upkeep disbursement

NELFUND introduces student loan portal integration with IT teams

The Nigerian Education Loan Fund (NELFUND) has announced plans to send its IT teams to educational institutions throughout Nigeria to facilitate direct integration with their student portals. This information was shared by Mr. Akintunde Sawyerr, Managing Director of NELFUND, during a workshop and stakeholder engagement event held on Tuesday in Abuja. To streamline the student…

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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 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…

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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…

NELFUND: Students lament loan delays of upkeep amid exam anxiety

Students from at least 23 public universities and polytechnics have expressed their concerns about the slow disbursement of their approved loans from the Nigerian Education Loan Fund, especially as deadlines for tuition payment and examinations approach. Pay Attention: Join our WhatsApp channel for the latest updates to take part in our weekly or monthly student giveaway challenges and…

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Complete NELFUND Student Loan 2025 Application Guide

We live in a digital era, and various innovative methods of generating income online have emerged to cater to different needs, including the financial requirements for education. This has prompted the government to contribute to this effort. Overview of the Nelfund Education Student Loan (NELFUND) Scheme Nelfund student loan application for 2024/2025 has started as…

NELFUND urges students to apply early for 2024/2025 academic session

Mr. Akintunde Sawyerr, Managing Director and Chief Executive Officer of the Nigerian Education Loan Fund (NELFUND), reiterated that NELFUND has started receiving applications for the 2024/2025 academic session. To avoid delay in the processing of your application, you are advised to apply as early as possible, Sawyerr stated. He encouraged students at higher education institutions…

NELFUND to focus more on two categories of students in 2024/2025

The Managing Director of the Nigerian Loan Education Fund (NELFUND) has announced that the NELFUND student loan program will prioritize two major categories of students in the incoming session.  First, those studying courses that are geared towards boosting Nigeria’s development as a nation. The second set of students are those in the 300 levels and…

Uniosun mandates all freshers to apply for student loans—READ MORE

Osun State University (UNIOSUN) has urged newly enrolled students to use the Nigerian Education Loan Fund (NELFUND) to reduce financial worries and focus on their studies. READ ALSO: We’ll focus more on two categories of students next session – NELFUND This announcement was made by the Vice-Chancellor, Prof. Clement Adebooye, at the university’s 18th Matriculation Ceremony…

NELFUND sets to approve 1.2million new students for 2024/2025 academic session

The Managing Director of NELFUND, Akintunde Sawyerr, has officially announced that NELFUND is set to accept a total of 400,000 new students for the 2024/2025 academic year across Nigerian institutions, including universities, polytechnics, and colleges of education. Get real-time news updates from Dailylight! Follow us on our WhatsApp channel for breaking news, Job updates, Cryptocurrency updates,…

FG approved N110 Billion for Nelfund student loan 2024/2025 academic session

The Federal Government has approved an additional loan of N110 billion for students at public tertiary institutions across the country. Sixty percent of the proceeds from the current academic session will be distributed to the institutions where successful applicants study.  The remaining 40% will be distributed directly to the beneficiaries as an upkeep stipend. Get…

NELFUND: FG disburses N12bn student loans to beneficiaries, planning additional 20bn

The Nigerian Education Loan Fund (NELFUND) has given out N12 billion in loans to eligible students at different higher learning institutions in the country since its official establishment in March 25, 2024 Get real-time news updates from Dailylight! Follow us on our WhatsApp channel for breaking news, Job updates, Cryptocurrency updates, exclusive stories and scholarship…

NELFUND releases another upkeep payment to students in November

The Nigerian Education Loan Fund (NELFUND) has released another upkeep payment to all approved applicants.  Get real-time news updates from Dailylight! Follow us on our WhatsApp channel for breaking news, Job updates, Cryptocurrency updates, exclusive stories and scholarship updates, and educational videos. Join our WhatsApp Channel now   If you can remember earlier this month,…

NELFUND: Top 25 Frequently Asked Questions and Answers

As regards the Nigerian Education Loan Fund (NELFUND), a lot of students have been asking quite several questions as regards their student loan application. Therefore, having reached out to the Nigerian Education Loan Fund (NELFUND) officials, the Dailylight channel has compiled 25+ Frequently Asked Questions and appropriate answers.  PAY ATTENTION: Get daily updates on scholarships, jobs,…

NELFUND: Upkeep not canceled, we’ve disbursed over N10bn to 40,000 students

The management of the Nigeria Education Loan Fund (NELFUND) has finally addressed the rumors of whether student loans monthly have been canceled or not. Akintunde Sawyeer said the monthly stipend upkeep payment is still intact. “The Presidency has provided enough resources to cater to all the applicants, he said. READ ALSO: How to apply for Federal…

NELFUND fixes BVN glitch and urges students to reapply

The Nigerian Education Loan Fund (NELFUND) has announced the resolution of a technical issue that was disrupting the BVN (Bank Verification Number) verification procedure for students requesting loans. Click HERE to watch your FAVOURITE video UPDATES AND HEADLINES on Dailylight YouTube Channel The problem, which started over the weekend and lasted until the public holiday,…

4 new ways to contact NELFUND for instant response (STOP RAISING NELFUND TICKETS!)

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 Get real-time news updates from Dailylight! Follow…

Student Loan: UI received another N9,767,450m and 40 institutions from NELFUND – SEE FULL LIST

The Nigerian Education Loan Fund (NELFUND) has announced on their official X handle that it has successfully disbursed Student Loans to 40 additional institutions. “This disbursement makes it a total of 59 institutions that have benefited from the students loan. READ ALSO: How to Humanize AI Content and Beat Plagiarism Checkers for free This expansion marks…

Top 10 List of Nigerian States with the highest number of students applying for NELFUND Loan

The Nigerian Education Loan Fund (NELFUND) was introduced by President Bola Tinubu in the State House Council chamber in July. More than 22,000 students nationally received student loan allocations totaling over N2.5 billion from the federal government, with Southeast Asian colleges conspicuously missing from the list of recipients. If you are yet to apply for…