How to Apply for the Tinubu Student Loan in Nigeria nelfund (Step-by-Step Guide Included)
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NELFUND Student Loan
Contents
NELFUND: Redefining Higher Education Access for Nigeria’s Youth
The Nigerian Education Loan Fund (NELFUND), launched on May 24, 2024, under President Bola Tinubu’s Renewed Hope Agenda, has become a significant educational VIA, providing financial assistance to hundreds of thousands of students who previously faced substantial financial barriers to tertiary education.Full REVIEW
In its first year, NELFUND disbursed an astonishing ₦56.85 billion in student loans, empowering 298,124 students across 198 tertiary institutions nationwide. Out of this:- ₦30.18 billion was spent on tuition
- ₦26.63 billion was allocated as upkeep allowances
Student Loan Application System (SLAS) Digitization
• Transforms the loan process interaction. • Verifies and uploads student data. • Allows applicant status tracking.“NEL FUND Verified” & “Disbursed” Payment Processes
• Verifies initial checks. • Confirms payment processing after fulfillment of school backend obligations. Institutions that delay verification effectively delay students’ access to education. NELFUND has called on all accredited schools to request access via registration@nelf.gov.ng and comply without hesitation.Safeguarding the Process: Zero Tolerance for BROWSING
NELFUND’s Managing Director, Mr. Akintunde Sawyerr, highlighted the importance of transparency and accountability in a stakeholders’ meeting in Abuja. at: “We don’t want students to pay because a school says they haven’t received funds when they have. That’s criminal, and we’re escalating these cases.” Though NELFUND cannot directly discipline erring institutions, it is collaborating with the Federal Ministry of Education, National Orientation Agency (NOA), and anti-corruption agencies to investigate and penalize abuses. Students are encouraged to remain vigilant and report any discrepancies.Beyond Graduation: NELFUND Job Portal
NELFUND has launched a job portal exclusively for loan beneficiaries, aiming to facilitate their transition into the workforce and build Nigeria’s future workforce, focusing on loans rather than just providing financial support.Voices of Support: A National Conversation
SERVICOM Director Sola Fowobaje emphasizes that NELFUND is not just disbursing funds; it’s rekindling ambition, restoring dignity, and proving that inclusive education is possible, thereby removing excuses for students not to complete their education.How to Apply for the Tinubu Student Loan (NELFUND)
✅ Step-by-Step Application Process NELFUND Application Process • Visit the NELFUND Application Portal. • Register an account by confirming your citizenship, matriculation number, JAMB/NIN, email address, and password. • Complete profile with personal info, bank details, admission letter, student ID, and school invoice. • Apply for a loan (tuition only or tuition + upkeep). • Agree to the terms and submit. • Track status at any time.NELFUND Quick WEBSITE Links
Frequently asked questions about NELFUND (Nigerian Education Loan Fund):| People Also Ask | Answer |
|---|---|
| Is the NELFUND student loan still available? | Yes, NELFUND applications are currently open and ongoing via portal.nelf.gov.ng. |
| Is a NELFUND loan legit? | Yes, it is a legitimate federal government-backed student loan scheme established under President Tinubu’s Renewed Hope Agenda. |
| Which ministry is NELFUND under? | NELFUND operates under the oversight of the Federal Ministry of Education. |
| Has NELFUND started disbursement for 2025? | Yes, disbursement for the 2025 cycle has commenced, benefiting hundreds of thousands of students. |
| How long does disbursement take? | After application approval and institutional data upload, disbursement typically follows within a few weeks. |
| Is the NEL FUND portal closed? | No, the portal is active. Registration and applications can be submitted at portal.nelf.gov.ng. |
| How to apply for NELFUND in Nigeria? | Visit the portal, register, verify your identity, upload documents, and submit your loan request. See the blog above for detailed steps. |
| Can I reapply for NEL FUND? | Yes, if your previous application was not approved or was incomplete, you may reapply with updated details. |
| Does NELFUND have an interest? | NELFUND loans are interest-free, as mandated by law, though repayment begins post-graduation. |
| How do I know NELFUND has paid my fees? | Log in to the portal to check your status—“Disbursed” confirms payment to your institution. |
| Can postgraduate students apply for NELFUND? | Currently, NELFUND is primarily for undergraduate students, but future expansions may include postgraduates. |
| Who is the managing director of NELFUND? | Mr. Akintunde Sawyerr serves as the Managing Director of NELFUND. |
| Is NELFUND real? | Yes, it is a verified and active government initiative dedicated to improving tertiary education access. |
| What is the age limit for NELFUND? | As of now, there is no specific age limit, but applicants must be Nigerian citizens enrolled in an accredited institution. |
| What are the benefits of NELFUND? | It covers tuition and upkeep, offers digital access, and includes a job portal for graduates. |
| How to pay back a NELFUN loan? | Repayment begins after school and is deducted from your earnings once employed. More guidelines will be published as repayments commence. |
| How do I complain to NELFUND? | You can reach out via their official email or through your institution’s loan office or ICT unit. |
| What are the objectives of NELFUND? | To remove financial barriers to higher education, promote social equity, and support national development. |
| Is the NEL FUND application still ongoing? | Yes, registration and applications are open via the online portal. |
| How will I know if my NELFUND loan is approved? | Log in to your dashboard; a “Verified” or “Disbursed” status indicates progress and approval. |
| How much will I pay back on my student loan? | The exact repayment depends on the amount borrowed and future repayment guidelines. No interest will accrue. |
| Do student loans get refunded? | No refunds are given after disbursement, except in special circumstances. Disbursement is meant to cover institutional charges directly. |
| What is the interest rate on student loans? | Zero interest—NELFUND is a no-interest loan initiative. |
| How to reduce student loan payments? | Repayment is designed to be manageable and income-based. More details will be shared after graduation. |
| What is the smartest way to pay off student loans? | Stay informed, budget wisely, and take advantage of NELFUND’s flexible, interest-free structure once repayment begins. |
| Why am I paying too much for my student loans? | NELFUND is interest-free, so this may apply to other loan types. For NELFUND, contact support if deductions seem incorrect. |
| Can you negotiate your student loan payment? | Repayment terms are expected to be structured fairly. If issues arise, official channels will be available to discuss concerns. |
Article Source
- Nigerian Education Loan Fund (NELFUND) Official Releases
- Strategic Communications Directorate—[Mrs. Oseyemi Oluwatuyi Statements]
- Statements by NELFUND MD, Akintunde Sawyerr
- Remarks from SERVICOM Director Sola Fowobaje
- Stakeholder Briefings in Abuja, June 2025
- Daily Trust & Vanguard Education Reports
- https://portal.nelf.gov.ng
- https://nelf.gov.ng
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