NELFUND News Today, July 18, 2024: NELFUND disbursement date

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NELFUND News Today, July 18, 2024 and NELFUND disbursement date.

Today’s news on NELFUND; Ejes Gist News Nigeria shall update you with much-needed information about NELFUND Disbursement Date and when NELFUND Student Loans will be disbursed to its subscribers.

This Nelfund news today latest update is about Nelfund disbursement and when NELFUND student loan disbursement date.

What is NELFUND?

The Nigerian Education Loan Fund is a student financial support program developed by the Federal Government of Nigeria.

This program is meant to ensure that no Nigerian student is denied higher education due to a lack of this money.

What is the latest news on NELFUND student loan today? 

The latest NELFUND news today is that the Managing Director of the Nigerian Education Loan Fund (NELFUND), Mr. Akintunde Sawyerr, has announced that student loan disbursements will commence on Monday, July 22, 2024.

NELFUND Login Password: How to Change and Reset Password

What Is the NELFUND Application Portal?

The application portal of NELFUND, which is www.nelf.gov.ng, will be open to all interested candidates automatically with effect from May 24, 2024.

They should visit the official website and register by providing the required details and information.

What are the Qualifications for the NELFUND Application?

For any student to apply to the NELFUND loan, they should qualify based on these conditions:

Pre-Admission: An offer/registration at a recognized university, polytechnic, college of education, or vocational school in Nigeria.
Academic Excellence: Must have an excellent academic standing as prescribed by the institution
Age: Applicant should fall within the age bracket given in the NELFUND guidelines
Guarantor: Good and qualified guarantor who will be held liable in case of loan default by the applicant
Identification: National Identification Number (NIN) and Bank Verification Number (BVN) must be provided
JAMB UTME Number: An applicant should have a Unified Tertiary Matriculation Examination (UTME) registration number.

Document Upload: All documents such as Admission letters, Academic transcripts, and valid ID.

What is the NELFUND Disbursement Date?

The disbursement of the funds is scheduled to start by 22 July, 2024 a pathway toward the actualization of an aim by the majority of Nigerian students with a quest for education.

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