Education

NELFUND Grants Loans to 3,283 University of Ibadan Students

The University of Ibadan’s management has confirmed that the Nigerian Education Loan Fund has approved loan applications for 3,283 of its students. In a memo issued on Wednesday, the Registrar, G. O. Salisu, stated that although the loans have been approved, the funds have not yet been disbursed. The memo also instructed department heads to […]

Education

NELFUND Breaks Down the Delay in Student Loan Stipend Payments: What You Need to Know

The announcements on Thursdays by the Nigerian Education Loan Fund (NELFUND) on the delay in disbursing August stipends to beneficiaries of the student loan program is attributed to continuous payment processing. Oseyemi Oluwatuyi, Director of Corporate Communications at NELFUND, said in a statement that security checks being done cause the delay.“To protect public funds and […]

News

NELFUND has cleared 22 additional state-owned institutions for student loans

The Nigerian Education Loan Fund has given permission to 22 more state-owned tertiary institutions to apply for student loans. The Nigeria Education Loan Fund has recently made an announcement stating that students who are enrolled in 22 state-owned tertiary institutions are now eligible to apply for loans through their online portal at nelf.gov.ng. “The committee […]