NELFUND to Publish List of Institutions Approved for Student Loans (June 24th, 2024)

Great news for students seeking educational loans! The Nigerian Education Loan Fund (NELFUND) has announced the upcoming publication of a list featuring all institutions that have successfully submitted complete student data. This is a big step towards ensuring transparency and promoting wider participation in the student loan program as previously we stated How to Apply for Nigerian NELFUND Student Loan 2024.

Publication Date and Transparency

Mark your calendars! The list will be published on June 24th, 2024. This comprehensive resource will include both Federal and State-owned institutions, allowing students to easily verify if their school is participating in the NELFUND program. According to a statement released by NELFUND’s Head of Media, Nasir Ayitogo, this initiative aims to boost transparency and encourage broader participation from both undergraduate applicants and tertiary institutions.

Early Birds and Ongoing Uploads

NELFUND acknowledges the swift action taken by many federal institutions who have already completed the data submission process. These institutions represent the “first wave” of data collection. For state-owned institutions, the data upload process to the NELFUND Student Verification System (SVS) is ongoing.

Benefits of Student Data Verification

By establishing a system for student data verification, NELFUND aims to streamline the loan disbursement process and minimize errors. This ensures a smoother experience for students seeking financial aid for their education.

Stay Informed

Keep an eye out for the upcoming list on June 24th! This will be a valuable resource for students to confirm their institution’s eligibility for NELFUND student loans.