FG Student Loan Application Portal via Nelfund | www.nelf.gov.ng – The initiation of student loan in Nigeria by NELFUND (Nigerian Education Loan Fund) is to increase access to higher education. This loan exercise will assist students to have access to finance for their school activities. The steps and guidelines on how to apply for Student Loans are all provided in this article below
FG Student Loan Application Portal via Nelfund | www.nelf.gov.ng
More than a financial aid program, the Student Loan initiative set up by the Federal Government of Nigeria, is a beacon of hope for Nigerian students pursuing higher education.
Simple Steps to Secure your Student Loan
Step 1
Register on the Student Loan Application Platform: www.nelf.gov.ng by clicking the “APPLY NOW” button to get started
Step 2
Click on the “Request for Student Loan” button and complete the loan application steps and submit.
Step 3
Your application will be reviewed. After successful verification, payments will be made to your institution for institutional charge, while the upkeep loan will be paid to the bank account you have provided in your profile
Benefits of Student Loan Initiative
- Student Loan is a path to Educational Accessibility without Financial Hurdles
- It is an Interest-free loans for tuition fees
- It gives equal access to higher education for all eligible candidates.
- It reduces financial stress on students and families
Is there any interest attached to the student loan?
It is an interest free loan, therefore, no hidden charges, completely interest free
How fast can one get the student loan?
Complete student loan application takes 15 – 30 minutes.
How safe and secured is the student loan portal?
The student loan portal is safe and secured as it is built in security to keep all your data safe
What is the duration for Student Loan Payback?
Payment of student loan begins two years after NYSC. So there is enough time to payback the loan.
Simple advice
Don’t apply if you don’t need it. It is for students who are finding it difficult in paying their tuition fees and other school payments.
Kindly SHARE the link to your friends who are having hard times this period as it will be a sign of relief to them.
