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NELFUND extends students’ loan applications

The Nigerian Education Loan Fund (NELFUND) has approved an extension of its Student Loan Application Portal by some days pending further management decisions and communications. The agency said the decision

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March 2, 2026byThe Nation
2 min read

The Nigerian Education Loan Fund (NELFUND) has approved an extension of its Student Loan Application Portal by some days pending further management decisions and communications.

The agency said the decision to extend the application process which was supposed to end on February 27, followed a significant increase in awareness and nationwide demand generated by its ongoing sensitisation campaign.

NELFUND said this in a statement signed by its Director, Strategic Communications, Mrs Oseyemi Oluwatuyi on Monday in Abuja. 

“This decision follows a reminder notice issued last week informing the public that the NELFUND Student Loan Application Portal would close on 27 February 2026. In response to strong feedback from students and key stakeholders across the country, and in recognition of the surge in applications and inquiries, the Fund has approved some additional days to ensure all eligible students are given adequate opportunity to complete their applications, pending further management decisions and communications,” the statement said in part. 

READ ALSO: FCT polls: My movement on election day did not influence results – Wike

According to the organisation, the extension was specifically intended to accommodate students who require additional time to complete their applications; prospective applicants who became aware of the scheme during the recent nationwide sensitisation engagements; institutions newly commencing their 2025/2026 academic session and institutions who have not yet submitted their verified student lists.

Managing Director/Chief Executive of NELFUND, Mr Akintunde Sawyerr, reaffirmed the agency’s commitment to inclusivity and equitable access.

He said: “Our sensitisation efforts across the six geopolitical zones have significantly increased awareness and participation. Therefore, in line with our mandate to expand access to tertiary education financing, we have approved an extension to ensure that all eligible students have a fair and equal opportunity to apply.

“NELFUND reiterates that institutions which have not yet commenced the 2025/2026 academic session must submit an official request for extension, accompanied by their approved academic calendar, for consideration.

“Students are strongly encouraged to take advantage of this window to complete their applications via the official NELFUND portal before it eventually closes.

“NELFUND remains committed to transparency, accountability, and the delivery of sustainable student financing solutions that remove financial barriers to higher education in Nigeria.”

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