Important Update: NELFUND Directs Schools to Upload Student Data Before Loan Can Be Disbursed

The Nigerian Education Loan Fund (NELFUND) has issued a crucial directive for all accredited tertiary institutions across Nigeria. This new requirement mandates schools to verify and upload student data through the Student Loan Application System (SLAS) before any loan application can be fully approved or disbursed.

This official announcement comes after the full digitization of the SLAS platform, which aims to speed up the loan approval process, enhance transparency, and ensure students receive funds on time.

What the New NELFUND Directive Means for You

If you’re a student who has applied for the NELFUND loan and your portal status shows “Verified,” it means your application has passed the initial screening. However, your institution must still confirm your details and upload them to the SLAS portal. Only after this process is completed will your status change to “Disbursed,” meaning your loan has been approved and funds released.

This verification and upload step is now mandatory, and institutions are being urged to act quickly so that loan disbursements can proceed without delays.

What Institutions Are Required to Do

NELFUND is calling on schools that haven’t onboarded onto the SLAS platform to send a request to registration@nelf.gov.ng without delay. Once access is granted, schools will be able to:

• View a real-time dashboard of student applications
• Verify submitted student information
• Track the approval and disbursement process

This will ensure a smoother process for both institutions and students, helping to reduce backlogs and delays.

NELFUND’s Call to Action for Students and Institutions

All stakeholders are encouraged to cooperate as the agency continues to improve the student loan process. NELFUND also appreciates the patience of students who are waiting for disbursement, assuring them that loan payments will only be released once their schools complete the necessary verification steps.

If you’re waiting for your loan, reach out to your institution now and confirm whether they’ve uploaded your data. The earlier your school completes this step, the faster your loan will be disbursed.

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How to Apply for NELFUND Student Loan

Follow these simple steps to apply for your student loan through the NELFUND portal:

1. Visit the Official Website:
   Go to https://nelf.gov.ng
2. Create an Account:
   Click on “Apply Now” and register with your NIN, valid email, and phone number.
3. Complete Your Profile:
   Log in and fill in your personal details, academic information, and banking details.
4. Upload Required Documents:
   Submit your admission letter, valid ID, passport photo, and other requested documents.
5. Submit Your Application:
   Review all entries and submit your application for verification.
6. Track Your Status:
   Check your dashboard regularly for updates. If your application shows “Verified,” wait for your institution to upload your data so your status can change to “Disbursed.”

FAQs (Optimized for Google Search Ranking)

Q1: My NELFUND portal says “Verified.” What does this mean?
A: It means your application passed the initial checks, but your school must still verify and upload your data before the loan can be approved and disbursed.

Q2: When will my NELFUND loan be paid?
A: Your loan will be disbursed after your institution uploads your verified details to the SLAS portal and NELFUND completes the final approval.

Q3: How can my school join the SLAS platform?
A: Schools should send an access request to: registration@nelf.gov.ng.

Q4: What is the status “Disbursed” on SLAS?
A: This status means that your school has uploaded your data and NELFUND has released your loan funds.

Q5: Can I still apply for the NELFUND loan?
A: Yes. The application portal remains open at the time of this announcement. Interested students can still apply.

Q6: Who do I contact if I have issues?
A: Send an email to info@nelf.gov.ng or follow NELFUND on social media for updates:

• X (Twitter): @nelfund
• Instagram: @nelfund
• Facebook & LinkedIn: Nigerian Education Loan Fund – NELFUND