NELFUND Application 2025/2026 Portal: The Nigerian Education Loan Fund (NELFUND) is a very important financial body created under the Student Loans program to grant Nigerian students access to higher education and reduce the dropout rate.
The Nigerian Education Loan Fund (NELFUND) is a platform enables students from all tertiary institutions within the Federal Republic of Nigeria to further or continue their respective academic pursuit regardless of their financial capabilities. NELFUND also encourages Nigerian citizens who are yet in school to further for their education as it provides the platform for them to get supports from the Federal Government while focusing on their academic pursuit.
Benefits of NELFUND
The Nigerian Education Loan Fund (NELFUND) practically helps to drastically reduce the rate of dropout students from various tertiary institutions in Nigeria. It provides steady financial support that grants students the opportunity to further and complete their education on time. NELFUND provides a suitable platform for academic excellence among Nigerian students. NELFUND automatically helps to reduce academic pressure and worries among students while providing them a sustainable and easy grounds for better academic pursuit.
Does NELFUND attach any interest?
The Federal Government of Nigeria created the Nigerian Education Loan Fund (NELFUND) to provide tuition fees and monthly allowances to successful applicant students in various government-owned tertiary institutions across Nigeria.
Is NELFUND Payment Ongoing?
YES. The Nigerian Education Loan Fund (NELFUND) payment has started and it’s still in progress for all successful applying Nigerian Students.
All interested Nigerian students who have not yet applied are encouraged to enroll in this opportunity, which will help them reduce academic worries, especially financial concerns.
NELFUND directly deposits the upkeep loans into individual students’ bank accounts. However, students should not fear losing their funds. Only the tuition fees are paid directly to the schools’ accounts, using the students’ details.
How does Nigerian Education Loan Fund (NELFUND) work?
The Nigerian Education Loan Fund (NELFUND) covers the total cost of tuition fees and upkeep for successful applicant student in any government owned tertiary institution. The student monthly upkeep is specifically sent to the beneficiary’s account at every time.
When to payback NELFUND
All beneficiaries of the Nigerian Education Loan Fund (NELFUND) are expected to refund the loan two years after serving as National Youth Service Corps (NYSC) members.
The Nigerian Education Loan Fund (NELFUND) is under which Ministry?
The Nigerian Education Loan Fund (NELFUND) is operating under the Federal Ministry of Education in Nigeria. NELFUND is a corporate union with its own Board of Directors, while the Federal Ministry of Education spearheads its functions and duties.
Is NELFUND Open to Master’s Students?
The Nigerian Education Loan Fund (NELFUND) is not open to any Master’s student from any tertiary Institution both government and private. However, NELFUND specifically benefits only undergraduate students pursuing their First Degree at government-owned tertiary institutions.
General Requirements for NELFUND
To be eligible for the Nigerian Education Loan Fund (NELFUND), all applying students must meet the following criteria:
- Nationality: All interested applying students must be a citizen of the Federal Republic of Nigeria
- Institution: All interested students applying must be registered students at any government-owned tertiary institution in Nigeria, including universities, colleges of education, polytechnics, or vocational schools.
- Means of Identification: All interested applying students must have valid means of identification proving their respective identities both as students and as a Nigerian.
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How to apply for NELFUND
The following outlined below are steps-by-steps guides to successfully apply for the Nigerian Education Loan Fund (NELFUND):
- All interested applying students are expected to log on to the official NELFUND application portal at https://nelf.gov.ng/
- Carefully scroll though the page and locate the “Apply Now” tabs
- New persons are to create a new account while those that already have account are to click on login
- Upload all details, bio-data and relevant documents needed
- Carefully verify your student status using your JAMB result
- Carefully provide important information such as name of your current institution, course of study and other related information required
- Provide a valid admission letter
- All interested applying students should carefully crosscheck their applications for any errors and corrections before submitting.
N/B: All interested applying students should wait patiently for an agent from the NELFUND Board to contact them after their applications undergo proper review.
Closing date for NELFUND
No date has been set for the Nigerian Education Loan Fund (NELFUND). However, all interested Nigerian students should process their applications at their preferred times and ensure they understand all the requirements before applying.
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