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NELFUND Opens Portal for 2024/2025 Student Loan – Apply Now

NELFUND Opens Portal for 2024/2025 Student Loan – Apply Now

The Nigerian Education Loan Fund (NELFUND) has announced that its student loan application portal for the 2024/2025 academic session will open on February 22, 2025. The agency also confirmed that the 2023/2024 application cycle will close on February 21, 2025.

Over N22 Billion Disbursed to Students

According to NELFUND’s Managing Director, Akintunde Sawyerr, the agency has disbursed over N22.7 billion in institutional fees to 215,514 students across 240 institutions. Additionally, a total of N12.8 billion has been provided as upkeep support, benefitting 169,114 students, each receiving N20,000 monthly to assist with living expenses.

Sawyerr stated that NELFUND received 364,042 applications in 229 days, averaging 1,000 applications per day. He reassured applicants that all submissions received before the February 21 deadline would be processed according to the agency’s guidelines.

How to Apply for the NELFUND Student Loan

Eligible students who wish to apply for the 2024/2025 student loan should follow these steps:

  1. Visit the Official NELFUND Portal
  2. Create an Account
    • Register with a valid email address and phone number.
    • Verify your account through the confirmation link sent to your email.
  3. Complete the Application Form
    • Fill in your personal details, academic information, and institution details.
    • Provide your National Identification Number (NIN) and Bank Verification Number (BVN) for verification.

Related Post

How to Apply for NELFUND Student Loan as a Fresh Student in 2025

NELFUND Student Loan Eligibility: Who Can Apply in 2024/2025?

2024/2025 NELFUND: Documents Requirement to Apply for Student Loan

3 Simple Steps to Apply for the 2024/2025 NELFUND Student Loan

  1. Upload Required Documents
    • Admission letter from a recognized institution.
    • Student ID card.
    • Proof of financial need (if required).
  2. Submit Your Application
    • Review your details carefully before submission.
    • Submit your application and keep your reference number for tracking.

Key Deadlines and Application Processing

NELFUND has assured applicants that its team is committed to ensuring a fair and timely review of all applications. The agency is also updating its student database to ensure that only active students receive financial support.

Students are encouraged to apply early and ensure that all documents are accurate to avoid delays.

For further details, applicants can visit the official NELFUND website or contact the support center for assistance.

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