NELFUND Postpones Student Loan Applications for State-owned Institutions

The Nigerian Education Loan Fund (NELFUND) has announced a 14-day extension for the student loan application procedure for state universities, citing low data submission rates.

Several state-owned schools failed to upload required student data and fee information to the NELFUND Student Verification System, prompting the decision.

According to a statement issued in Abuja on Tuesday, just a few state-owned institutions have successfully completed the data submission process.

Out of 48 state universities, only 20 have submitted data, while 12 out of 54 state colleges and 2 out of 49 state polytechnics have complied.

NELFUND stated that the application window, which was originally scheduled to start on June 25, 2024, will now open on July 10, 2024.

The extension, according to the body, will provide state institutions more time to comply with data reporting standards.

NELFUND further emphasised the need of providing complete and accurate information, such as JAMB numbers, matriculation numbers, admission numbers, full names, levels, faculties, departments, programme duration, fees, and gender, for all eligible students.