NELFUND

NELFUND Resolves Technical Issues with Student Loan Applications

Breaking news from NELFUND! All technical issues with student loan applications have been resolved. Find out more here!

The Nigerian Education Loan Fund (NELFUND) has successfully resolved all technical issues on its student loan application portal. Applicants who faced difficulties are advised to reapply without any hindrances. NELFUND confirmed that a total of 137 federal institutions have signed up for the student loan program, enhancing access to higher education across the country. President Bola Tinubu recently enacted the Student Loans (Access to Higher Education) Act, amplifying the support for education in Nigeria.

In a recent statement, NELFUND emphasized the need for students to reapply for the loan, ensuring a smooth application process. Despite challenges, the fund assured applicants that all website-related issues have been addressed, facilitating a seamless experience. Additionally, NELFUND highlighted the ineligibility of students from the National Open University of Nigeria (NOUN) for the loan, citing specific reasons for this exclusion.

The student loan application process has faced hurdles, including outdated analogue databases and delays from tertiary institutions. These obstacles have prompted NELFUND to streamline its procedures and work on improving digital systems for efficient processing. The fund's commitment to supporting students in accessing higher education remains unwavering, with plans to enhance the loan application experience for future applicants.

Interesting Fact: NELFUND has received an overwhelming number of applications since resolving the technical issues, showcasing the high demand for student loans in Nigeria. Another noteworthy point is that the Student Loans Act signed by President Bola Tinubu marks a significant milestone in advancing education accessibility in the country.