Education

NELFUND Gives Tertiary Institutions 48 Hours to Verify Students for 2024/2025 Loans

The Nigerian Education Loan Fund (NELFUND) has ordered all tertiary institutions to complete verification of students for the 2024/2025 academic session within 48 hours.

NELFUND warned that failure to comply would result in exclusion from the current loan cycle, denying thousands of students access to much-needed financial support.

The Fund had earlier closed its application portal on September 30, 2025, but reopened it as a last opportunity for institutions to ensure all eligible students are captured and verified.

The portal will be accessible from 12:00 a.m. on Sunday, October 12, 2025, until 12:00 a.m. on Tuesday, October 14, 2025.

“This extension is to ensure that all eligible students are duly verified by their institutions,” the Fund said, urging compliance.

NELFUND also announced that a list of non-compliant institutions would be published for transparency and accountability. Institutions failing to meet the deadline will forfeit participation in the loan cycle, to the detriment of their students.

In a statement signed by Mrs. Oseyemi Oluwatuyi, Director of Strategic Communications, NELFUND reaffirmed its commitment to promoting equitable access to higher education through efficient management of the Nigerian Education Loan Scheme.

Olayinka Babatunde

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