Nigerian Student Loan NELFUND Application Portal is online for registration through NELFUND Portal. Application is open for Federal and State Government tertiary institutions.

The Student Loan Initiative is a program established by the Federal Government of Nigeria to break financial barriers in
higher education. Through the provision of interest-free loans, we are fundamentally reshaping the educational landscape.

The Federal Government of Nigeria through the Student Loan Initiative strives to revolutionise higher education accessibility in Nigeria by providing interest-free loans to eligible students, thereby breaking down financial barriers and empowering Nigerians to pursue their academic aspirations.

To provide accessible interest-free loans for higher education.
To ensure equal access to quality education for all eligible students
To foster a knowledge-driven economy through education.
Everything you need to know about the student loan and repayment.
Under what circumstances would NELFUND deny an application?

if such an applicant is: Proven to have defaulted in respect of any previous loan granted by any license financial institution; Found guilty of submitting fake/fraudulent documents and dismissed for exam malpractices by any school authority; and Convicted of fraud and forgery, drug offences, cultism, felony, or any offences involving dishonesty.


Are there any documents to upload during the application process?

Yes. Scanned admission letter for new students (compulsory), scanned Student Identification Card (optional).


Is there any appeal process when an application is denied?

A complaint can be raised from the portal, or you can send an email to the NELFUND.


What are the consequences of defaulting on the loan?

Deliberate default could result in penalties, legal action, and potential damage to your credit score.


HOW TO APPLY FOR STUDENT LOAN

https://www.bayajidda.com.ng/2024/05/nigerian-student-loan-nelfund-application-portal/