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NELFUND cautions students against fake student loan portal

Fadiran Ifeloluwa June 30, 2025

The Nigerian Education Loan Fund (NELFUND) has issued a warning to students to beware of a fake portal spreading deceptive messages on the internet. This was stated in Abuja on Monday in a statement released by the fund’s director of strategic communications, Mrs Oseyemi Oluwatuyi. Oluwatuyi

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184 CUSTECH students benefit from NELFUND disbursement

Fadiran Ifeloluwa June 28, 2025

A total of 184 students at the Confluence University of Science and Technology (CUSTECH), Osara, have successfully received their tuition disbursements from the Nigerian Education Loan Fund (NELFUND). This was revealed by the vice-chancellor, Engr. Prof. Abdulrahman Asipita Salawu, FNSE, during the inauguration ceremony of the university’s first-ever Student Representative

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NELFUND instructs schools to upload student details on SLAS before loans can be released

Fadiran Ifeloluwa June 18, 2025

The Nigerian Education Loan Fund (NELFUND) has ordered all approved tertiary institutions to confirm and submit student information on the Student Loan Application System (SLAS). It stated that student loans which have been approved will not be disbursed unless this important step is completed. This announcement was made in a post shared on Tuesday, June […]

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NELFUND starts distributing April upkeep payments to student beneficiaries

Fadiran Ifeloluwa May 21, 2025

The Nigerian Education Loan Fund (NELFUND) has begun distributing upkeep payments for April 2025 to qualified student recipients throughout the nation. This information was shared in a statement released on Monday in Abuja by Mrs. Oseyemi Oluwatuyi, who serves as the Director of Strategic Communications at NELFUND. She noted that although the majority of the […]

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NELFUND Set to Launch National Vocational Skills Loan Programme in Enugu

Fadiran Ifeloluwa May 17, 2025

The Nigerian Education Loan Fund (NELFUND) has disclosed plans to extend its loan programme to include vocational and skills acquisition centres throughout Nigeria, with Enugu State as the starting point. In a statement released on Friday during a strategic engagement and awareness campaign in Enugu, attended by senior representatives of NELFUND and the Enugu State […]

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NELFund Reports Receiving Over 1,800 Student Loan Requests Each Day

Fadiran Ifeloluwa May 7, 2025

The Nigerian Education Loan Fund (NELFund) has announced that more than 500,000 students are currently using its platform and benefiting from its loan program, with a daily average of 1,800 new loan requests. This update was shared by the Managing Director and Chief Executive Officer of NELFund, Akintunde Sawyerr, on Tuesday in Abuja while addressing […]

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NELFUND Promises Easier Student Loan Access via Technology-Driven Platform

Fadiran Ifeloluwa May 7, 2025

The Nigerian Education Loan Fund (NELFUND) has pledged its dedication to creating a tech-based system that will make it easier for Nigerian students to access loan services. This promise was made by NELFUND’s Managing Director and Chief Executive Officer, Mr. Akintunde Sawyerr, during a technical workshop and stakeholder meeting held in Abuja with participants from […]

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Student loan: Some tertiary institutions are cheating students, says NOA

Fadiran Ifeloluwa April 14, 2025

Recent findings from the National Orientation Agency (NOA) have uncovered that certain universities and financial institutions are working together to cheat students out of their entitled Federal Government Student Loan Funds. This was revealed in a new report shared by the Community Orientation and Mobilisation Officers (COMO) of NOA. The Director General of NOA, Mallam

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NELFUND to launch software for students with disabilities

Fadiran Ifeloluwa March 18, 2025

The Nigerian Education Loan Fund (NELFUND) has revealed plans to introduce specialized software to ensure that students with disabilities in higher institutions can fully access and benefit from its loan scheme. The Managing Director and Chief Executive of NELFUND, Akintunde Sawyerr, announced this initiative during a stakeholders’ engagement on student loans held in Benin

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NELFUND Cautions Students About Fake Loan Application Websites

Fadiran Ifeloluwa March 9, 2025

The Nigerian Education Loan Fund (NELFUND) has issued a warning to students, advising them not to submit loan applications through fraudulent websites and portals. In a statement released on Saturday in Abuja, the Fund’s Director of Corporate Communications, Oseyemi Oluwatuyi, called on students and the general public to ignore any misleading websites, links, or messages

Edu News

Student Loan: NELFUND to End 2023/2024 Application Cycle on February 21

Fadiran Ifeloluwa February 18, 2025

The Nigerian Education Loan Fund (NELFUND) has announced that the student loan application cycle for the 2023/2024 academic year will close on February 21, while applications for the 2024/2025 cycle will begin on February 22. During a press conference in Abuja yesterday, NELFUND’s Managing Director, Akintunde Sawyerr, stated that the transition to the 2024/2025 cycle […]

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NELFUND: Students express frustration over loan delays as exams approach

Fadiran Ifeloluwa February 15, 2025

Students from at least 23 public universities and polytechnics have expressed concerns over the delayed release of their approved institutional loans from the Nigerian Education Loan Fund, as deadlines for tuition payments and upcoming examinations draw closer. On April 3, 2024, President Bola Tinubu signed the Students Loan (Access to Higher Education) (Repeal and

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Replacing TETFund with NELFUND Will Cripple Universities, ASUU Warns FG

Fadiran Ifeloluwa December 6, 2024

The Academic Staff Union of Universities (ASUU) has cautioned the Federal Government against its proposal to replace the Tertiary Education Trust Fund (TETFund) with the Nigerian Education Loan Fund (NELFUND), stating that such a decision would cripple public universities and harm tertiary education in Nigeria. ASUU President, Professor Emmanuel Osodeke, issued the warning