Honourable Comrade Sunday Asefon, the Presidential Senior Special Assistant on Students Engagement, has articulated the profound benefits of the Nigerian Students Loan Fund, emphasizing its pivotal role in enhancing access to tertiary education across the nation. Asefon highlighted that far too many bright and promising students in Nigeria are forced to abandon their academic dreams…
The Nigerian Education Loan Fund (NELFUND) has threatened legal action against institutions found to be engaging in deceptive practices within the student loan scheme. The threat is coming on the heels of recent findings that some institutions, after receiving student loan disbursements directly into their accounts, failed to notify the affected students or reflect the…
The Nigeria Education Loan Fund (NELFUND) has reiterated the only official portal for student loan application. According to NELFUND, nelf.gov.ng is the only official website for the loan application. It emphasised that any other website links is unauthorised and should be disregarded. This was contained in a statement by the Director, Strategic Communications, Oseyemi Oluwatuyi,…
The National Association of Nigerian Students (NANS) has protested its exclusion from the board of the Nigerian Education Loan Fund (NELFUND). This was stated in a letter dated February 13, 2025, addressed to the managing director of the fund, Akintunde Sawyerr, and the chairman of the board, Jim Ovia, by NANS president, Lucky Emonefe. In…
The National Association of University Students (NAUS), National Association of Polytechnic Students (NAPS) and National Association of Nigeria Colleges of Education Students (NANCES) has passed vote of no confidence on MD/CEO of Nigerian Students Loan, NELFUND. In a letter sighted by our correspondent, the students’ bodies accused the leadership of not being transparent. The letter…
The Economic and Financial Crimes Commission (EFCC) on Wednesday said the N50 billion given to the Nigerian Education Loan Fund (NELFUND), also known as Students Loan, was not a donation as reported by some media organisations. The anti-corruption agency in a statement issued by its Head of Media & Publicity, Dele Oyewale, said the fund…