Nigerian Student Loan Application Step-by-step

The chance to pursue higher education with financial backing is finally here!
The Federal Government of Nigeria, through the Nigerian Education Loan Fund (NELFUND), officially launched the Student Loan Scheme portal today, .

This is fantastic news for students and those who may have previously faced financial barriers to attending university or college. Now, you can apply for a loan to cover your educational expenses!

How to Apply:

The application process is straightforward and can be completed online. Here's a quick breakdown, thanks to @PBATMediaCentre for the info.

    1. Create an Account:
  • Visit https://nelf.gov.ng/ and click Apply Now
  • Answer the questions, confirming you're a Nigerian citizen.
  • Verify your educational information by selecting your school and providing your matriculation number.
  • Create an account with your email address and password. Verify your email when prompted.
    • Screenshot of the 'create a page'
    2. Complete Your Profile:
  • Log in with your email and password.
  • Update your contact details, educational details (institution and matric number), and verify your Bank Verification Number (BVN).
    3. Apply for the Loan:
  • Click Request for Student Loan on the homepage.
  • Select what type of loan you need (institutional charges only or including upkeep).
  • Upload supporting documents like your admission letter (mandatory) and student ID/institution invoice (optional).
  • Agree to the terms and conditions, then submit your application.
  • Track the status of your application under the Loans section.