The student loan is set up by the Federal Government of Nigeria, the student loan is a beacon of hope
for Nigerian students pursuing higher education.

Easy Steps to Secure Your Student Loan

Step 1: Register on the student loan application portal by clicking the “APPLY NOW” button to get started

Step 2: Click on the "Request for Student Loan" button and complete the student loan application steps and submit.

Step 3: Your student loan application will be reviewed. After successful verification, payments will be made to your institution for institutional charge, while the upkeep loan will be paid to the bank account you have provided in your profile.

Frequently Asked Questions With Respect To The Student Loan

The following below are everything you need to know about the student loan and repayment:

Q. Under what circumstances would Nigerian Education Loan Fund (NELFUND) deny an application for the student loan?

A. If such an applicant is: Proven to have defaulted in respect of any previous loan granted by any license financial institution.
Found guilty of submitting fake/fraudulent documents and dismissed for exam malpractices by any school authority.
Convicted of fraud and forgery, drug offences, cultism, felony, or any offences involving dishonesty.

Q. Are there any documents to upload during the student loan application process?

A. Yes. Scanned admission letter for new students (compulsory), scanned Student Identification Card (optional).

Q. Is there any appeal process when a student loan application is denied?

A. A complaint can be raised from the student loan portal, or you can send an email to the NELFUND.

Q. What are the consequences of defaulting on the student loan?

A. Deliberate default could result in penalties, legal action, and potential damage to your credit score.

Q. How can I apply for the student loan?

A. Apply through NELFUND student loan application portal at https://nelf.gov.ng/

Benefits of The Student Loan

The following below are benefits of the student loan:


1) The student loan is a path to Educational accessibility without financial hurdles.

2) The student loan is an Interest-free loan for tuition fees.

3) The student loan provides equal access to higher education for all eligible candidates.

4) The student loan reduces financial stress on students and families.