By Abiola Olawale
After multiple setbacks, the Nigerian Education Loan Fund (NELFUND) has officially announced that the portal for student loan applications will open on May 24, 2024.
This was confirmed in a statement issued on Thursday by NELFUND’s Media and Public Relations Lead, Nasir Ayitogo.
Ayitogo, in the statement, explained that through the portal, students can now access loans to pursue their academic aspirations without financial constraints.
“The statement reads in part: “The management of Nigerian Education Loan Fund (NELFUND) led by its Managing Director, Mr Akintunde Sawyerr is thrilled to announce the 24th of May, 2024 as the official date for the opening of the portal for student loan applications.
“This marks a significant milestone in the commitment of President Bola Ahmed Tinubu (GCFR) to fostering accessible and inclusive education for all Nigerian students.
“Through the portal, students can now access loans to pursue their academic aspirations without financial constraints.
“The portal provides a user-friendly interface for students to submit their loan applications conveniently.
“We encourage all eligible students to take advantage of this opportunity to invest in their future and contribute to the growth and development of our nation.
“Students can access the portal on www.nelf.gov.ng to begin application.
“For more information and assistance, please contact NELFUND via email at info@nelf.gov.ng or contact us via our social media handles. “
The New Diplomat recalls that President Bola Ahmed Tinubu, on April 3, 2024, signed the Student Loans Re-enactment Bill into law.
Tinubu had sent the Student Loan Act back to the National Assembly for further consideration and adjustments.
In a letter addressed to the speaker of the House of Representatives, Hon. Abbas Tajudeeen, the president said that his reason for sending the bill is to seek the repeal of the current Act which is hindering the implementation of the Student Loan scheme.
