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Posted 3 hours ago · Abuja / Bornu / Calabar / Imo / Benue / Lagos, Abuja (FCT) · Ad #98 ·
Description
The Nigerian Education Loan Fund (NELFUND) is a federal government initiative in Nigeria established under the Students Loans (Access to Higher Education) Act 2024 to provide zero-interest loans to eligible students in public tertiary and vocational institutions. Key Details & Scope • Type of Support: Covers institutional/tuition fees (paid directly to the institution) and optional monthly upkeep allowances (paid directly to the student's bank account). • Interest Rate: 0% interest. • Application Requirement: Students must reapply annually for each academic session through the official NELFUND Portal. • Eligibility & Tracking: Applicants must provide a National Identification Number (NIN) and JAMB details. Agreements have been established with over 322 institutions to allow verified students to register without immediate payment delays. • Repayment: Income-based repayment framework initiated after graduation/employment, with employer deductions planned at roughly 10% of a beneficiary's salary (excluding self-employed individuals or those working abroad). Visit the Nelfund website https://nelf.gov.ng/ to apply.
Seller: NelFund
Website: nelf.gov.ng/
Contact: 080-list-claim — is this your business?
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