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NELFUND Announces Opening Of Student Loan Application Portal For 2025/2026 Academic Session

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The Nigerian Education Loan Fund (NELFUND) on Tuesday announced the official opening of its student loan application portal for the 2025/2026 academic session.

The Fund Director of Strategic Communications, Oseyemi Oluwatuyi, who made this announcement through a statement issued on Tuesday, said the application window will run from Thursday, October 23, 2025, to Saturday, January 31, 2026.

It urged fresh students to apply using their Admission Number or JAMB Registration Number in place of a matriculation number.

NELFUND was established to implement the Nigeria Student Loan Scheme, signed into law by President Bola Tinubu in April 2024.

The Tinubu-led administration’s initiative provides interest-free loans to students in public tertiary institutions to cover tuition and living expenses.

The scheme, which began accepting applications in May 2024, was designed to eliminate financial barriers to education and support students from low-income families.
Beneficiaries are expected to repay the loans after completing their studies and gaining employment.

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