NELFUND Resumes Upkeep Payments to Over 3,600 Students


The Nigerian Education Loan Fund (NELFUND) has announced the successful resumption of upkeep payments to student beneficiaries who updated their bank details from digital wallet platforms to commercial bank accounts.
Mrs. Oseyemi Oluwatuyi, Director of Strategic Communications at NELFUND, made this known in a statement on Friday in Abuja, describing the development as a significant step forward in addressing earlier delays in disbursements.
Oluwatuyi explained that more than 3,600 students who had initially registered using digital-only banking platforms have now successfully received their pending upkeep payments after updating their bank information to standard commercial accounts on the NELFUND portal.
“We appreciate the patience and understanding of all affected students during this period. Your resilience and cooperation have made this progress possible,” she stated.
Regarding the next steps for students who are still awaiting payment, the Fund advised those still using digital wallet accounts and yet to receive their upkeep payments to raise a support ticket via the official NELFUND portal to gain access to update their bank details.
“Alternatively, students may report through the IT office of their institution, which will compile and forward all related cases to NELFUND for resolution.”
“NELFUND remains committed to ensuring that no eligible student is left behind. This resolution process is part of our broader effort to enhance the efficiency, transparency, and student-centred delivery of our support services,” NELFUND stated.
“We urge all students to continue engaging only through official NELFUND channels and to assist peers who may require help navigating the update process.”
“Once again, we thank you for your patience and support as we continue working to deliver a more inclusive and reliable student loan experience,” the statement added.