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NELFund

Nigerian Education Loan Fund to Extend Support to Vocational Training

16 November 2025

This initiative is part of a broader strategy to enhance Nigeria’s workforce and align with the Federal Government’s focus on both education and skills development. NELFUND’s Managing Director, Akintunde Sawyerr, revealed that the extension of the loan scheme is in line with President Bola Tinubu’s vision of fostering inclusive human capital development. He emphasized that […]

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NELFUND Records Over One Million Student Loan Applications

3 November 2025

In a statement, the Director of Strategic Communications, Nigerian Education Loan Fund, Oseyemi Oluwatuyi, said the milestone was achieved less than a year after the programme was launched on May 24, 2024. He described it as evidence that the scheme is gaining strong national traction and public trust. According to the agency, over N116bn has […]

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NELFUND Opens Loan Portal for 2025/2026 academic session

21 October 2025

This was disclosed in a statement released by NELFUND’s Director of Strategic Communications, Oseyemi Oluwatuyi. The agency said the application window will run from Thursday, October 23, 2025, to Saturday, January 31, 2026. NELFUND urged fresh students to apply using their Admission Number or JAMB Registration Number in place of a matriculation number. It appealed […]

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NELFUND Reopens Portal for Final Student Verification

11 October 2025

In a statement issued in Abuja, the Fund said the portal would be accessible for a limited period, urging institutions to take full advantage of the opportunity. The verification is part of the ongoing 2024/2025 student loan application process. NELFUND warned that failure to complete the exercise within the window will lead to disqualification from […]

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NELFUND suspends upkeep loans for student during holidays

21 August 2025

This was disclosed in a statement by NELFUND’s Director of Corporate Communications, Osayemi Oluwatuyi, adding that students who transition into a new academic year will no longer receive upkeep disbursements for the preceding session. “In line with this directive, students shall only be entitled to upkeep loans for their current academic session. Upon the conclusion […]

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NELFUND warns students against fake loan portal online

30 June 2025

This announcement was contained in a statement by the fund’s Director of Strategic Communications, Oseyemi Oluwatuyi, where she noted that the information contained in the online messages was misleading. “The attention of NELFUND has been drawn to a fraudulent message currently circulating online, falsely claiming that President Bola Tinubu has directed the reopening of the […]

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NELFUND links student loan portal to schools’ websites

12 March 2025

The Nigerian Education Loan Fund, NELFUND, has begun efforts to integrate its platform with institutional portals, allowing for seamless verification of student information. The Executive Director of Operations at NELFUND, Mustapha Iyal, made this known during a sensitization program held at the University of Ilorin for higher institutions in Kwara State, where he noted that […]

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NELFUND disburses over N104bn, targets 2.1m students

10 December 2024

The Managing Director of NELFUND, Akintunde Sawyerr, disclosed this at the inauguration and induction of members of the SERVICOM unit and committee in Abuja. His projection comes one week after data obtained from NELFUND showed that it has disbursed over N104bn to 613,734 students from Nigerian tertiary institutions since commencement. The disbursed funds encompass institutional […]

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NELFUND: FG Pays 20,000 Tuition Fees, As Over 280,000 Students Register For Loan

23 August 2024

The Managing Director and Chief Executive Officer of NELFUND, Akintunde Sawyer revealed this while speaking during a summit and sensitization programme by the National Association of Nigerian Students ,NANS, in Rivers State. According to him, the fund had paid the tuition fees of 20, 000 students in six universities, including the University of Ibadan, University […]

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FG opens student loan application portal May 24

17 May 2024

The announcement was made in a statement by the media lead for the NELFund,  Nasir Ayantogo.Ayantogo, in the statement, said the opening of the application portal marked a significant milestone in the commitment of President Bola Tinubu to  fostering accessible and inclusive education for all Nigerian students.Recall, on June 12, 2023, Tinubu signed the Access […]

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