Home News BREAKING: NELFUND Delays Student Loan Application for State Schools

BREAKING: NELFUND Delays Student Loan Application for State Schools

by Beyondboders

The Nigerian Education Loan Fund (NELFUND) has delayed the student loan application process for state schools by 14 days.

This announcement was made on Tuesday in Abuja. The reason for this delay is that many state schools have not submitted the needed student data.

NELFUND said that out of 48 state universities, only 20 have sent in their data. For state colleges, only 12 out of 54 have done so, and for state polytechnics, just 2 out of 49 have complied.

The application process which was supposed to start on June 25, 2024, will now begin on July 10, 2024.

NELFUND believes this extra time will help state schools send in the correct information, so students can apply for loans without issues.

State schools must provide detailed information about their students; this includes JAMB numbers, admission numbers, full names, levels, faculties, departments, program duration, fees, and gender. Incomplete or wrong data will cause delays and could disqualify students from getting loans.

“The application window, initially set to open on June 25, 2024, will now commence on July 10, 2024,” a NELFUND spokesperson said.

NELFUND has urged all state schools to quickly complete their data submissions and ensure the details are accurate, warning that if schools miss the new deadline, their students might lose the chance to get these important loans.

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