New Telegraph

Student Loan: 12 More State Institutions Submit Data To NELFUND

How To Apply For Student Loan In Nigeria

…says 121 state-owned institutions’ yet to submit data

The Management of Nigerian Education Loan Fund (NELFUND) has said 12 more state-owned institutions have submitted data on their students to enable them to apply for the federal government’s student loans scheme.

Head, Media and Public Relations, Nigerian Education Loan Fund (NELFUND), Nasir Ayitogo in a statement on Wednesday in Abuja, however, noted that with the recent development, 121 state-owned institutions were yet to comply with the mandatory criteria to upload data of their students to its portal.

The statement reads: “NELFUND is delighted to announce the onboarding of an additional twelve (12) state government-owned tertiary institutions to the student loan application portal.

“This expansion comes following the successful submission and verification of data completeness and accuracy required from the institutions.

“With this latest addition, the total number of participating state government-owned tertiary institutions has now increased from the initial 36 announced earlier to 48. Student data from 121 institutions is outstanding.

“The Fund urges all institutions that are yet to submit their student’s data to the Student Verification Portal (SVS) of the fund to kindly do so to enable their students to benefit from the scheme.

“It also urges states whose data has been captured and successfully uploaded to urgently sensitise their students to apply, thereby bringing succour to students who are struggling financially whilst also bringing guaranteed revenue to the institutions.”

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