The Nigerian Education Loan Fund (NELFUND) has finally opened its doors to students seeking financial aid! In a recent announcement made on their official X account (formerly Twitter), NELFUND declared the commencement of student loan applications for students enrolled in 36 state-owned tertiary institutions across Nigeria.
This exciting development, effective July 7, 2024, brings much-needed relief to students struggling with the rising costs of education.
NELFUND Emphasizes Verification System
NELFUND highlighted that the launch of applications is only possible for these 36 institutions because they have successfully submitted their student data to the NELFUND Student Verification System (SVS). This system ensures transparency and accuracy in the application process, allowing NELFUND to verify student enrollment and eligibility.
While celebrating the launch for the 36 approved institutions, NELFUND urged remaining state-owned institutions to promptly submit their student data to the NELFUND Student Verification System (SVS). This system allows NELFUND to verify student enrollment and ensure the smooth application process.
“We urge all other state-owned tertiary institutions to submit their complete student data to the NELFUND Student Verification System timely to enable their students to benefit from the scheme,” NELFUND stated in their announcement.
Who Can Apply?
As of July 8, 2024, students enrolled in the following 36 state-owned universities can apply for NELFUND student loans:
Northeast Zone
Adamawa State University, Mubi
Ramat Polytechnic, Maiduguri
Borno State University
Mohammed Lawan College of Agriculture, Borno State
North-Central Zone
Gombe State University
Nuhu Bamalli Polytechnic, Zaria
Yusuf Maitama Sule University, Kano
Umaru Musa Yar’adua University, Katsina
Katsina State Institute of Technology and Management
Kebbi State University of Science and Technology, Aliero
Nasarawa State University, Keffi
Northwest Zone
Kingsly Ozumba Mbadiwe University, Imo State
Imo State University of Agriculture and Environmental Sciences, Umuagwo
Confluence University of Science and Technology, Kogi State
Southwest Zone
Lagos State University of Education
Lagos State University
Tai Solarin University of Education, Ogun State
South-South Zone
University of Medical Sciences, Ondo
Osun State University
University of Ilesa, Osun State
South-East Zone
Edo State University, Uzairue
Ekiti State University, Ado-Ekiti
How to Apply for a NELFUND Loan
Students seeking more information on eligibility requirements, loan amounts, and application procedures are encouraged to visit the official NELFUND website https://nelf.gov.ng/.
If You Ask Me
With the successful launch for the initial 36 institutions, all eyes are now on the remaining state-owned universities. Timely submission of student data to the NELFUND SVS is crucial for these institutions to participate in the program and ensure their students have access to these crucial financial resources.
NELFUND’s student loan program offers a beacon of hope for countless Nigerian students. As the program expands to encompass more institutions, the dream of higher education becomes a reality for a wider segment of the population.
