NELFUND reopens students’ loan portal for 2024/2025 academic session

*The Management of the Nigerian Education Loan Fund says 48-hour extension for students’ verification exercise is intended to ensure that ‘all eligible students are duly captured and verified by their respective institutions as part of the ongoing 2024/2025 NELFUND loan application process’

Isola Moses | ConsumerConnect

The Nigerian Education Loan Fund (NELFUND) has approved a final reopening for a period of 48 hours to enable tertiary institutions yet to complete their student verification exercise to do so.

Mrs. Oseyemi Oluwatuyi, Director of Strategic Communications at NELFUND, noted this in a statement, released to reporters Friday, October 10, 2025, in Abuja, FCT.

Oluwatuyi said the portal would be accessible from 12:00 a.m. Sunday, October 12, to 12:00 a.m. Tuesday, October 14 this year.

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The extension, she said, was intended to ensure that all eligible students were duly captured and verified by their respective institutions as part of the ongoing 2024/2025 NELFUND loan application process.

“Institutions are strongly advised to make full use of this final opportunity.

“Failure to complete the verification process within the stipulated period will result in the affected institutions forfeiting participation in the current loan cycle.

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“A situation that will regrettably disadvantage their students who are the ultimate beneficiaries of the loan scheme,” she said.

She added that in the interest of transparency and accountability, the list of defaulting institutions would be published.

Oluwatuyi reiterated the Fund’s commitment to fostering equitable access to higher education through the efficient, transparent, and inclusive management of the scheme.

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