Yesterday, the Nigerian Education Loan Fund (NELFUND) announced that sixteen more state-owned postsecondary schools had sent in their student records for the student loan program. The NELFUND, which made this announcement via its official X feed yesterday, clarified that the 16 new institutions added to the total of 86 registered state-owned institutions under the system.
We are happy to inform that 16 more state-owned institutions have now been included to the Nigerian Education Loan Fund Student Loan Applications Portal, after our earlier statements on the onboarding of 70 state-owned tertiary institutions. This increases the number of state-owned colleges we currently have to 86, broadening the scope and influence of our student loan program.
“We are admonishing institutions that have not yet submitted their complete and accurate student data to do so promptly so that their students can take advantage of the program,” the tweet read. Last week, the scheme revealed that credit alerts will be sent to tertiary institution students who had successfully applied for the loan plan and started fresh academic sessions.
NELFUND Managing Director Akintunde Sawyerr has intimated that “the people, who are going to receive alerts as early as next week are those who are about to start a new session in the institution they are in.” He also mentioned that credit notices will not be sent to other applicants who were accepted until the start of classes at their individual universities.
