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    Kapital FM 92.9 The Station that Rocks!

NELFund

6 Results / Page 1 of 1
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Featured

FG Releases Guidelines For Transparency In NELFUND Scheme

The Federal Government has released new guidelines to standardise the administration of institutional charges with a view to ensuring transparency in the student loan scheme, NELFUND across universities, polytechnics, and colleges of education. In a statement announcing the development, the Minister of Education, Dr. Maruf Alausa says the step reaffirms the Ministry’s commitment to Nigerian students and parents by addressing issues that recently arose with the scheme, adding that after […]

todayAugust 29, 2025

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Education

NELFUND Warns Students Against Fake Loan Portal Online

The Nigerian Education Loan Fund has warned students to be cautious of a fake portal with fraudulent messages currently circulating online. This is contained in a statement in Abuja on Monday by the fund’s Director of  Strategic Communications, Mrs Oseyemi Oluwatuyi. Oluwatuyi said the information contained in the online messages was misleading. “The attention of NELFUND has been drawn to a fraudulent message currently circulating online, falsely claiming that President […]

todayJune 30, 2025

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Education

NELFUND: NANS Demands Investigation On Alledged Deductions By Varsities

National Association of Nigerian Students, NANS has called on security and anti-graft agencies to conduct a thorough investigation into the alleged deduction of funds by some school authorities from the Federal Government’s Nigerian Education Loan Fund, NELFUND. NANS President, Comrade Olushola Oladoja, made the call while speaking with newsmen in Abuja, stating that the Association had received numerous complaints from students regarding the allegations. Comrade Oladoja said the Association was […]

todayMay 5, 2025

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Education

NELFUND: EFCC, ICPC To Probe ‘Illegal Student Loans Deductions 

The Senior Special Assistant to the President on Student Engagement, Sunday Asefon, has condemned heads of tertiary institutions for engaging in illegal acts of deductions and double fee collections from students benefiting from NELFUND. In a statement signed by him in Abuja, promises to liaise with student bodies from universities, polytechnics, and colleges of education and take up the matter with the Minister of Education, Dr. Tunji Alausa. The statement […]

todayMay 1, 2025

General

NELFUND Approves Student loan Disbursement

The Nigerian Education Loan Fund has approved the disbursement of student loan to successful applicants. NELFUND held its inaugural board meeting on Wednesday, marking a milestone in its mission to support students with financial aid. Under the leadership of its Chairman, Mr Jim Ovia, the board approved the immediate disbursement of student loans to successful applicants. A late Wednesday statement obtained from the agency’s X account revealed this. The press release was titled, “NELFUND Holds Inaugural Board Meeting as Student […]

todayJune 27, 2024

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Education

NELFund Disowns Fake Student Loan Site

The Nigerian Education Loan Fund has warned against what it described as a “fraudulent advertisement” about a ‘Federal Study Loan.’ This followed adverts on some news sites where the website, www.fedstudyloan-gov.ng is being advertised as the application portal for the highly anticipated student loan scheme of the Federal Government. “NELFUND wishes to clarify that it has no association with this website and strongly condemns any attempt to deceive students seeking […]

todayApril 26, 2024