UPDATED: NELFUND announces postponement of student loan application for state-owned institutions

The Management of Nigerian Education Loan Fund has postponed the application process for student loan for state institutions.

 

The Fund said it took the decision because many state-owned institutions were yet to upload the required student data and fee information to the NELFUND Student Verification System.

 

It said: “To date, only a limited number of state-owned institutions have successfully completed the data submission process. These include 20 state universities out of 48, 12 state colleges out of 54, and 2 state polytechnics out of 49.

 

“While we acknowledge the efforts of these institutions, the failure to submit data from the remaining state institutions poses significant challenges to ensuring a seamless and accurate verification process for student loan applicants.

 

“The application window, initially set to open on June 25, 2024, will now commence on July 10, 2024.”