NELFUND Said it Hits 500,000 Student Loan Applications Milestone in Its First Year of Operation

….a major step forward in expanding access to higher education

Abuja, Nigeria – April 2025 – The Nigeria Education Loan Fund (NELFUND) has reached a remarkable milestone in its first year of operation: over 500,000 Nigerian students have now applied for student loans through the NELFUND portal.

This milestone, achieved within just 11 months of operations, underscores the critical need for accessible student financing in Nigeria and highlights the widespread trust in NELFUND’s mission to democratize access to tertiary education.

“This is more than just a number, it’s a signal of hope for families across Nigeria. We are witnessing a nationwide demand for opportunity, and NELFUND is proud to be at the heart of this transformation,” said Managing Director/CE of NELFUND, Mr. Akintunde Sawyerr.

Since the launch of the portal, students across the country have actively engaged with the application process for both institutional and upkeep loans demonstrating the relevance and urgency of the Fund’s efforts.

NELFUND remains committed to ensuring transparency, accessibility, and efficiency as the process continues, and calls on all stakeholders to join in supporting the vision of equitable education for all.

For more information, please visit nelf.gov.ng or contact our customer support team via email at clientsupport@nelf.gov.ng.

Signed

Mrs Oseyemi Oluwatuyi

Director, Strategic Communications

….see attached to clear your doubt👇