NELFUND Student Loan: FG Onboards 22 More State-Owned Tertiary Institutions
The Nigerian Education Loan Fund (NELFUND) has announced that 22 more state-owned universities and colleges will be part of its student loan program.
This brings the total number of state-owned institutions participating in the program to 70.
Official Announcement
NELFUND shared this update on their official X handle, highlighting the significant expansion of the program.
With this development, students from these 70 institutions can now apply for financial assistance through the NELFUND student loan scheme.
This move aims to provide broader access to education funding, ensuring that more students across Nigeria can benefit from the scheme. Here’s what NELFUND had to say about the new additions:
“The Management of Nigerian Education Loan Fund (NELFUND) is pleased to announce the onboarding of 22 additional state-owned tertiary institutions.
“Students from these institutions, alongside the previously included 48, are now eligible to apply for student loans by visiting nelf.gov.ng,” the statement read.
Full List of New Institutions
The following institutions are the latest additions to the NELFUND student loan:
- Adamawa State Polytechnic Yola
- College of Education Afaha Nsit
- Akwa Ibom State University
- Akwa Ibom State Polytechnic
- Aminu Saleh College of Education, Azare
- Niger Delta University
- Delta State Polytechnic, Ogwashi-uku
- Delta State University of Science and Technology
- Dennis Osadebay University, Asaba
- Benjamin Uwajumogu State College of Education in Ihitte Uboma
- Sule Lamido University Kafin Hausa, Jigawa State
- Kaduna State College of Education Gidan Waya
- Isa Mustapha Agwai Polytechnic, Lafia
- Niger State Polytechnic Zungeru
- OGUN STATE INSTITUTE OF TECHNOLOGY, IGBESA
- D.S Adegbenro ICT Polytechnic Itori-Ewekoro
- Adekunle Ajasin University Akungba-Akoko, Ondo State
- Osun State Polytechnic, Iree
- Oyo State College of Agriculture and Technology in Igboora
- Plateau State University Bokkos
- Port Harcourt Polytechnic
- Ignatius Ajuru University of Education Port Harcourt
Background
This expansion follows President Bola Ahmed Tinubu’s signing of the Student Loan Act in April 2024. The act was a significant milestone, enabling the application process to commence on May 24, with 1.2 million students from federal territory institutions participating initially.
Loan Disbursement
NELFUND has already started approving and disbursing loans to eligible students, providing much-needed financial support to pursue their educational goals.
How to Apply
For those interested in applying for the NELFUND student loan, please visit NELFUND Application for detailed instructions on how to proceed.