Nigerian Education Loan Fund (NELFUND) has announced the reopening of the student loan portal for interested students to apply for tuition fees for the 2024/2025 academic year alongside the optional monthly stipend to enable tertiary institutions that are yet to complete their student verification exercise to do so.
NELFUND had announced the closure of the loan application portal for the 2024/2025 academic session effective Tuesday, September 30, marking the conclusion of the second full cycle of the scheme to enable it finalize the processing of pending.
Mrs. Oseyemi Oluwatuyi, Director, Strategic Communications, NELFUND, in a statement, on Friday, notified all stakeholders and the public that the Fund has approved a final reopening for a period of 48 hours to enable tertiary institutions that are yet to complete their student verification exercise to do so.
She said the portal will be accessible from 12:00 a.m. on Sunday, October 12, 2025, to 12:00 a.m. on Tuesday, October 14, 2025, explaining that the extension is intended to ensure that all eligible students are duly captured and verified by their respective institutions as part of the ongoing 2024/2025 NELFUND loan application process.
She advised the 203 affected government-owned tertiary institutions to make full use of the final opportunity, stressing that failure to complete the verification process within the stipulated period will result in the affected institutions forfeiting participation in the current loan cycle, a situation that will, regrettably, disadvantage their students who are the ultimate beneficiaries of the loan scheme.
She reiterated NELFUND’s commitment to fostering equitable access to higher education through the efficient, transparent, and inclusive management of the Nigerian Education Loan Scheme.
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