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Latest Update For Nigerian Students Loan Program NELFUND | 2023/2024 Portal Closure Date and 2024/2025 Portal Opening
Wednesday, 19 February 2025
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The Nigerian Education Loan Fund (NELFUND) Latest Update regarding the closure and opening of student loan portals for the academic years 2023/2024 and 2024/2025.
2023/2024 Student Loan Portal Closure Date:
The portal for the 2023/2024 academic year will close on Friday, February 21, 2025. All pending applications will be processed.
2024/2025 Student Loan Portal Opening Date:
The portal for the 2024/2025 academic year will open on Saturday, February 22, 2025.
Note: Only students from institutions that have submitted their data to NELFUND will be eligible to apply.
To be eligible for the NELFUND student loan, applicants must meet several criteria:
- Applicants must be Nigerian citizens.
- They must be enrolled in recognized public tertiary institutions in Nigeria, which include universities, polytechnics, colleges of education, and vocational schools.
- Applicants must be at least 18 years old.
- They need to possess a valid National Identification Number (NIN) and a Bank Verification Number (BVN).
- Applicants must provide proof of admission, such as a JAMB admission letter, along with personal details like name, date of birth, matriculation number, and contact information.
- They must demonstrate financial need, showing they are unable to fund their education without assistance.
For Apply Visit: https://portal.nelf.gov.ng/
It's also worth noting that NELFUND has removed certain barriers that were previously in place, such as family income thresholds and the requirement for a guarantor, making the loan more accessible.
For those who are in their final year, participation in the National Youth Service Programme might be required.
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