NELFUND Student Loan: Full list of Eligible Schools

The Nigerian Education Loan Fund, NELFUND, announced in its latest report a significant expansion of its student loan scheme, with 36 state-owned tertiary institutions having sent their students’ data to its Student Verification System, SVS. To this end, the Fund said the student loan application for the 36 institutions has been onboarded; consequently, students of the 36 state-owned tertiary institutions are now eligible to participate in the NELFUND loan scheme. You will remember that the loan scheme upon its launch in May 2024 was available to only students of federal tertiary institutions.  This development is expected to benefit over 1.2 million students across the country.

The statement reads:

The Nigerian Education Loan Fund (NELFUND) is pleased to announce that students enrolled in the following 36 state-owned tertiary institutions can now apply for student loans effective today, July 7, 2024 The management of these institutions has successfully submitted their student data to the NELFUND Student Verification System (SVS). The inclusion of these additional institutions is a testament to our commitment to ensuring that no student is left behind in accessing quality education.

The statement by the NELFUND management further urges other state-owned tertiary institutions to submit their complete student data to enable their students to benefit from the scheme. 

About NELFund Students Loan

The student loan scheme, a flagship programme of the President Bola Tinubu administration, has a budget of N35 billion. The scheme aims to provide financial support to students pursuing higher education in Nigeria.  See NELFUND Student Loan: All You Need to Know Before Applying

The Eligible State-Owned Tertiary Institutions

1. Adamawa State University, Mubi
2. Ramat Polytechnic, Maiduguri
3. Borno State University
4. Mohammed Lawan College of Agriculture, Borno
5. Edo State University, Uzairue
6. Ekiti State University, Ado-Ekiti
7. Gombe State University
8. Kingsley Ozumba Mbadiwe University, Imo
9. Imo State University of Agriculture and Environmental Sciences, Umuagwo
10. Nuhu Bamalli Polytechnic, Zaria
11. Yusuf Maitama Sule University, Kano
12. Umaru Musa Yar’adua University, Katsina
13. Katsina State Institute of Technology and Management
14. Kebbi State University of Science and Technology, Aliero
15. Confluence University of Science and Technology, Kogi
16. Lagos State University of Education
17. Lagos State University
18. Nasarawa State University, Keffi
19. Tai Solarin University of Education, Ogun
20. University of Medical Sciences, Ondo
21. Osun State University
22. University of Ilesa, Osun
23. GTC, ARA, Osun
24. GTC, Gbongan, Osun
25. GTC, IJEBU-JESA, Osun
26. GTC, ILE-IFE, Osun
27. GTC, INISA, Osun
28. GTC, IWO, Osun
29. GTC, OSU, Osun
30. GTC, OTAN AYEGBAJU, Osun
31. Osun State College of Education, Ila-Orangun
32. Government Technical College, Ile-Ife
33. Osun State College of Technology
34. Taraba State University, Jalingo
35. Umar Suleiman College of Education, Gashua, Yobe
36. Zamfara State University, Talata Mafara

With this development, NELFUND has reaffirmed its commitment to supporting the educational aspirations of Nigerian students and promoting academic excellence in the country.

According to Dr. Hassan Usman, Executive Secretary of NELFUND,.

This expansion is a significant step towards achieving our goal of ensuring that every Nigerian student has access to quality education, regardless of their financial background. We will continue to work tirelessly to ensure that the scheme reaches every corner of the country.

In eulogising the NELUND management, Professor Abdullahi Bala, Vice-Chancellor of Kano State University, said

This is a welcome development for our students, who have been facing financial difficulties in pursuing their academic dreams. We commend NELFUND for this initiative and look forward to seeing the positive impact it will have on our students' lives.

Loan Opportunities

NELFUND provides various loan opportunities to eligible students, including:

• Tuition Fees: Covering tuition costs for undergraduate and postgraduate programmes.
• Accommodation and Living Expenses: Supporting students’ living arrangements during their studies.
• Books and Materials: Assisting with essential study materials.
• Research programmes: funding includes your research projects and academic endeavours.

Benefits of NELFUND Student Loan

• Interest-Free: The loans are interest-free, making them an affordable option for students.
• Inclusive: Both federal and state-owned institutions are included, expanding access.
• Support for Academic Excellence: Helps students maintain focus on their studies without financial worries.

Application Process

The application process for NELFUND student loans is streamlined to ensure accessibility and ease for students. Here are the steps involved:

1. Data Submission: Ensure your institution has submitted your complete academic and personal data to the NELFUND SVS portal.
2. Online Application: Visit the  NELFUND official website and fill out the online application form. Ensure that all your details, including your JAMB number, matriculation number, and admission number, are accurate.
3. Verification: NELFUND will verify the submitted data. This process involves matching your details with the data submitted by your institution.
4. Approval and Disbursement: Upon successful verification, the loan will be approved and disbursed directly to the student's account.

Conclusion

The NELFUND student loan scheme represents a significant step towards making higher education more accessible in Nigeria. With comprehensive coverage of federal and state-owned institutions, the program aims to support the academic aspirations of millions of students. Stay tuned to this blog and our social media platforms for updates on participating state-owned institutions and ensure your application details are accurate for seamless access to this vital funding.

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