The Nigerian Education Loan Fund (NELFUND) has commenced the disbursement of upkeep allowances to students who recently updated their bank details from digital-only platforms to traditional commercial banks.
This was confirmed in a statement issued in Abuja on Friday by the Fund’s Director of Strategic Communications, Mrs Oseyemi Oluwatuyi.
According to her, the move marks a major step forward in addressing previous delays in the disbursement of student upkeep payments.
“Over 3,600 students, who initially registered with digital-only banking platforms, have now successfully received their backlog of upkeep payments after switching to conventional commercial bank accounts on the NELFUND portal,” Oluwatuyi stated.
She commended the affected students for their patience and understanding, saying their cooperation was instrumental in achieving the breakthrough.
Students who are yet to update their bank information were advised to raise a support ticket via the official NELFUND portal to gain access to the update feature. Oluwatuyi also encouraged them to report their cases through their institution’s IT office for prompt compilation and submission to NELFUND.
“NELFUND remains committed to ensuring that no eligible student is left behind,” she assured, noting that the development is part of broader efforts to enhance the fund’s transparency and efficiency in delivering student support services.
She further urged students to engage only through official NELFUND communication channels and assist fellow students who may require help with the update process.
For inquiries or assistance, students can reach out via email at info@nelf.gov.ng or through the Fund’s official social media platforms:
X: @nelfund
Instagram: @nelfund
Facebook/LinkedIn: Nigerian Education Loan Fund – NELFUND.
