The Nigerian Education Loan Fund (NELFUND) has approved another extension for its student loan application portal to accommodate tertiary institutions that requested additional time for the 2025/2026 academic session.
This was disclosed in a statement issued on Thursday and signed by the Fund’s Director of Strategic Communications, Oseyemi Oluwatuyi. According to the statement, the extension applies only to institutions that formally requested extra time, enabling eligible students to complete and submit their applications.
“The Nigerian Education Loan Fund has approved an extension of its Student Loan Application Portal for institutions that have formally requested additional time for the 2025/2026 academic session,” the statement said.
Speaking on the development, the Managing Director and Chief Executive Officer of NELFUND, Akintunde Sawyerr, reaffirmed the Fund’s commitment to ensuring that all qualified students across participating institutions benefit from the programme.
“NELFUND remains committed to ensuring that eligible students across participating institutions have the opportunity to access the student loan programme,” he stated.
The Fund therefore urged students in the affected institutions to take advantage of the extension by completing their applications through the official portal within the new timeframe.
NELFUND also reiterated its dedication to transparency, accountability and the provision of sustainable financing solutions aimed at removing financial barriers to higher education in Nigeria.
The student loan scheme is administered by the Nigerian Education Loan Fund, which was established following legislation signed into law by President Bola Ahmed Tinubu in April 2024.
Under the initiative, students in public tertiary institutions are eligible to access interest-free loans to cover tuition and other educational expenses. Beneficiaries are expected to repay the loans after completing their studies and securing employment, a move designed to expand access to higher education, particularly for students from low-income backgrounds.
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