NELFUND reopens student loan portal for final 48-hour window

…urges institutions to complete their student verification exercise

The Nigerian Education Loan Fund (NELFUND) has announced the reopening of its student verification portal for a final 48-hour period to allow tertiary institutions that have yet to complete their student verification exercise to do so.

According to a statement signed by Oseyemi Oluwatuyi, Director, Strategic Communications, NELFUND, the portal will be accessible from 12:00 a.m. on Sunday, October 12, 2025, to 12:00 a.m. on Tuesday, October 14, 2025.

NELFUND explained that the extension is aimed at ensuring that all eligible students are duly captured and verified by their respective institutions as part of the ongoing 2024/2025 loan application process.

The Fund urged all institutions to take advantage of this final opportunity, warning that failure to complete the exercise within the stipulated period would lead to forfeiture of participation in the current loan cycle, a situation that would ultimately deny their students access to the education loan scheme.

“This extension is intended to ensure that all eligible students are duly captured and verified by their respective institutions as part of the ongoing 2024/2025 NELFUND loan application process.

Read also: How NELFUND bridges access to tertiary education for Nigerian students

“Institutions are strongly advised to make full use of this final opportunity. Failure to complete the verification process within the stipulated period will result in the affected institutions forfeiting participation in the current loan cycle, a situation that will, regrettably, disadvantage their students who are the ultimate beneficiaries of the loan scheme.

“In the interest of transparency and accountability, the list of defaulting institutions will be published alongside this press release.,” the statement reads

Reaffirming its commitment to equitable access to higher education, the Fund emphasised that it remains dedicated to ensuring efficient, transparent, and inclusive management of the Nigerian Education Loan Scheme to support students across the country.