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Students enrolled in approved postsecondary schools may apply for financial aid between October 23, 2025, and January 31, 2026, according to the Nigerian Education Loan Fund’s (NELFUND) announcement of the formal launch of its student loan application online for the 2025–2026 academic year.
This was revealed by the Federal Government agency in a statement released on Monday by Oseyemi Oluwatuyi, its Director of Strategic Communications, who reiterated NELFUND’s dedication to making sure that no qualified Nigerian student is prevented from pursuing an education because of financial difficulties.
In order to make the loan procedure smooth and inclusive, NELFUND praised the cooperation of institutions of education, universities, and polytechnics nationwide and urged more cooperation.
The announcement states that before the deadline, all postsecondary educational institutions must update and submit verified records of both incoming and returning students to the NELFUND Student Verification Portal.
According to Oluwatuyi, “this step is essential for students to successfully apply and benefit from the scheme.”
The agency warned that students whose records are not uploaded or validated may face delays in accessing the funds, explaining that precise data from schools is a requirement for processing and disbursing loans efficiently.
Guidelines for Eligibility and Applications
When the portal opens, students from approved postsecondary schools, both returning and newly admitted, can apply, the Fund explained.
It was acknowledged that new applicants may substitute their JAMB Registration Number or Admission Number for a Matriculation Number.
When enforcing registration and fee payment deadlines for students awaiting loan approval and disbursement, NELFUND urged schools to exercise flexibility and understanding.
“To ensure that no student loses access to education due to financial constraints, institutions are advised to consider temporary registration measures for students whose loan applications are still being processed,” the Fund continued.
Additionally, the Fund recommended that students who have not yet started their academic term formally notify NELFUND using the recognized academic calendar of their institution.
It claimed that by doing this, the government will be able to modify processing and scheduling schedules to accommodate the resumption patterns of individual institutions.
In addition to mentioning that the application platform has been enhanced to manage high traffic volumes and guarantee more seamless verification, the statement reassured applicants that the Fund is still dedicated to a transparent, technology-driven process.
Institutions and applicants can email NELFUND at data@nelf.gov.ng for technical assistance and inquiries, or use its approved social media accounts:
Formerly, 𝕏 was @nelfund on Twitter.
@nelfund on Instagram
Nigerian Education Loan Fund (NELFUND) on Facebook and LinkedIn
For comprehensive instructions and updates, applicants are also urged to visit the official website, www.nelf.gov.ng.
According to reports, the goal of the student loan program, which was introduced during the administration of President Bola Tinubu, is to enable all eligible Nigerians, particularly those from low-income families, to pursue higher education.
To guarantee a just and open loan distribution process, NELFUND, which was created to oversee the program, has been collaborating with financial partners, regulatory agencies, and postsecondary schools.
Earlier in 2025, the Fund had launched a pilot program that helped thousands of students at public universities. The second significant element of the national student loan policy’s implementation is the introduction of the new session.