The Federal Government of Nigeria has officially begun the Nelfund disbursement process, marking a major milestone in the student loan and educational support initiative designed to empower Nigerian students and reduce the financial burden of higher education.
What Is NELFUND?
The Nigeria Education Loan Fund (NELFUND) is a federal initiative aimed at providing interest-free loans to students in tertiary institutions across the country. The fund ensures that financial challenges no longer prevent students from pursuing their education.
When Did the Disbursement Start?
According to official announcements, the 2025 NELFUND disbursement phase began this week, with eligible students already receiving alerts confirming their approval and payment. Students are urged to check their application status through the NELFUND online portal.
How to Check Your Disbursement Status
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Visit the official NELFUND website.
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Log in with your application credentials.
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Check your eligibility and approval status.
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Confirm your bank details to receive your funds.
Students are also advised to verify all details to avoid delays or rejections.
Who Is Eligible?
NELFUND targets undergraduate and postgraduate students in accredited public tertiary institutions. Applicants must:
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Be Nigerian citizens.
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Have a verifiable admission letter.
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Provide a guarantor (where required).
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Have no existing loan default with any financial institution.
Why It Matters
This disbursement marks a new chapter in educational funding in Nigeria. For the first time, thousands of students now have access to direct government-backed support for tuition, accommodation, and learning materials.
What’s Next?
NELFUND has promised that more students will receive their funds in batches. Those who haven’t been credited yet are encouraged to remain patient as verification continues nationwide.
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