The Nigerian Education Loan Fund (NELFUND) has taken its student loan application system fully online, aiming to speed up how loans are processed and approved for students across the country.
With this new digital process, all recognised universities, polytechnics, and colleges must now register on the platform to upload and confirm their students’ details. This step is necessary before any loan can be approved or paid out.
In a public notice on Wednesday, NELFUND’s spokesperson, Oseyemi Oluwatuyi, explained that schools yet to join the platform should immediately send an email to registration@nelf.gov.ng to get access. Once connected, institutions can see a live update of their students’ loan requests, check the submitted details, and follow up on each case.
The Fund urged schools not to delay, warning that no student will receive a loan until their school verifies their information.
This fully digital process is part of President Bola Tinubu’s wider effort to make higher education more accessible. One of his first major steps in office was signing a law that made it easier for students from low-income families to borrow money to pay school fees. That law also led to the creation of NELFUND to manage and oversee the scheme.
Now that the application system is running digitally, both schools and students are being encouraged to make the most of it to avoid delays in funding.