Abuja, May 20, 2024 – The Nigeria Education Loan Fund will commence with students in federal tertiary institutions.
This comes as the Fund has said only students whose institutions have uploaded their data on its dashboard would be eligible to apply.
Akintunde Sawyerr, its Managing Director, disclosed this on Monday at a Pre-application sensitisation press conference in Abuja.
He said 1.2 million students from federal government-owned universities, polytechnics, colleges of education, and technical colleges would benefit from the first phase of the scheme.
He advised students in federal tertiary institutions to visit the website, www.nelf.gov.ng to apply from May 24.
Sawyerr said students in state universities and vocation skills centres would apply later.
He said the requirements to apply include the JAMB admission letter, National Identity Number, Bank Verification Number, and a completed application form from its website.
“The loan application process has been streamlined to ensure easy access for all eligible students in federal tertiary institutions.
“Applicants can access online support to assist with any questions or concerns during the application process.
“We believe that education is a vital investment for the future. We envisage that the student loan initiative of Mr. President is a testament to this commitment,” he said.
Sawyerr said a key feature of the programme is the absence of physical contact between the loan applicant and NELFUND.
According to him, the portal provides a user-friendly interface for students to submit their loan applications conveniently.
The portal will be officially opened on Friday, he said.
