The Management of the Nigerian Education Loan Fund (NELFUND) has announced a 14-day postponement of the application process for student loans for state institutions.
This decision was made due to low data submissions from several state-owned institutions, as stated in a press release by Nasir Ayitogo, the Head of Media and Public Relations of NELFUND.
Ayitogo explained that the postponement was necessary because only a limited number of state-owned institutions had successfully completed the data submission process.
Out of 48 state universities, only 20 had completed the process, along with 12 out of 54 state colleges and two out of 49 state polytechnics.
While acknowledging the efforts of institutions that had completed their data submissions, Ayitogo highlighted that the failure of other institutions to submit data would pose challenges to ensuring a seamless and accurate verification process for student loan applicants.
Originally scheduled to open on June 25, 2024, the application window will now commence on July 10, 2024.
This extension aims to provide additional time for state institutions to comply with data submission requirements, ensuring their students can benefit from the Federal Government student loan scheme.
Ayitogo emphasized the importance of complete and accurate information, including JAMB numbers, matriculation numbers, admission numbers, full names, levels, faculties, departments, program durations, fees, and genders of all eligible students.
Incomplete or incorrect data submissions may result in application delays or disqualification for affected students.
He urged all state institutions to expedite their data submission processes and ensure the accuracy of the information provided to facilitate an efficient and error-free application process.
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