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

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

Share
Share

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.

Share
Related Articles

LIRS Extends Annual Income Tax Return Filing Deadline to April 21

The Lagos State Internal Revenue Service (LIRS) wishes to express its sincere...

Afreximbank Returns to International Markets, Raises Over $800m

BY NKECHI NAECHE-ESEZOBOR—-The African Export-Import Bank (Afreximbank) has disclosed that it successfully...

Naira Slides to ₦1,389/$ as External Reserves Fall to $49.18bn

BY NKECHI NAECHE-ESEZOBOR—The Naira weakened to ₦1,389 per dollar, down from ₦1,382.75/$...

Nigerian Banks Raise ₦4.65 Trillion as CBN Ends Recapitalisation Drive

Nigerian banks have successfully raised a total of ₦4.65 trillion in fresh...