The Nigerian Education Loan Fund (NELFUND) has announced a 14-day postponement of the application process for student loans in state institutions.
This delay, according to Nasir Ayitogo, Head of Media and Public Relations at NELFUND, is attributed to inadequate data submissions by several state-owned institutions.
Ayitogo explained, “To date, only a limited number of state-owned institutions have completed the data submission process. This includes 20 state universities out of 48, 12 state colleges out of 54, and 2 state polytechnics out of 49.” He emphasized the importance of comprehensive data submission for a seamless verification process.
Initially scheduled to open on June 25, 2024, the application window will now commence on July 10, 2024. This extension aims to provide additional time for state institutions to comply with data submission requirements and ensure students can access federal government student loans without disruption.
Ayitogo stressed, “It is crucial that all state institutions provide complete and accurate information, including JAMB numbers, matriculation numbers, admission details, program duration, fees, and student demographics.” He cautioned that incomplete or inaccurate submissions could lead to delays or disqualification of student loan applications.
NELFUND urged institutions to expedite their data submission processes to avoid disadvantaging students dependent on these loans. Ayitogo expressed appreciation for institutions that have completed their submissions and encouraged others to follow suit promptly.
“We appreciate the cooperation shown by compliant institutions and urge others to prioritize this process,” Ayitogo concluded.
