NELFUND Surpasses 500,000 Student Loan Applications in First Year

The Nigeria Education Loan Fund (NELFUND) has marked a major milestone, receiving over 500,000 student loan applications within its first 11 months of operation. This significant achievement reflects the growing demand for accessible higher education financing across Nigeria.

Since the launch of its digital portal, students from various parts of the country have actively applied for both institutional and upkeep loans, showcasing the relevance and urgency of NELFUND’s mission to make tertiary education more inclusive and attainable.

“This is more than just a number — it’s a signal of hope for families across Nigeria. We are witnessing a nationwide demand for opportunity, and NELFUND is proud to be at the heart of this transformation,” said Akintunde Sawyerr, Managing Director/CEO of NELFUND.

The milestone highlights not only the necessity for student-focused funding but also the confidence Nigerians have placed in NELFUND’s transparent and efficient loan process.

As the application window remains open, NELFUND continues to emphasize transparency, accessibility, and efficiency, while urging all stakeholders to join in advancing the vision of equitable education for all.

For further information, visit www.nelf.gov.ng or contact the support team via clientsupport@nelf.gov.ng.

This report was filed by our correspondent, Yakub Ikheluowa.