How to apply for Federal Govt student loan

Ekiti News reports that the Federal Government through the Nigerian Education Loan Fund (NELFUND) has announced that the phase one of the student loan scheme will exclusively target federal tertiary institutions.

Last week, NELFUND had set May 24 as the scheduled date for the commencement of the loan application and issuance portal.

How to apply for student loan:

1) Log into the portal: The loan application portal is available on the NELFUND website (www.nelf.gov.ng).

2) Log on to the students loan portal on the website.

3) Create an Account: On the loan portal, create an account or log in using your existing credentials if you have created an account before.

4.) Documents required: Applicants will require the Joint Admissions and Matriculation Board (JAMB) admission letter, the National Identification Number (NIN), and their Bank Verification Number (BVN).

5) Complete the application: Fill out the required information, including personal details, academic information, and financial need.

6) Submit your application: Review your application thoroughly before submission. Once submitted, you will receive a confirmation email with further instructions.