• Latest
  • Trending
NELFUND Halts ₦20k Upkeep Loans During School Breaks

NELFUND Halts ₦20k Upkeep Loans During School Breaks

ASUU Strike: Progress on Key Demands, Ministry Denies Prodigy Claim

ASUU Strike: Progress on Key Demands, Ministry Denies Prodigy Claim

Chief of Army Staff Oluyede relocates to Markurdi over Herdsmen Attacks

Former Southern Governor Implicated in Alleged Coup Against Tinubu

Varsity Expels Three Students Involved in Gun Shooting During SUG Election

Varsity Expels Three Students Involved in Gun Shooting During SUG Election

Police Seal Off Rivers PDP Secretariat Over Leadership Dispute

2027: PDP Leaders turn to Coalition Opposition for Help

Israel Resumes Gaza Airstrikes, Dozens Killed Despite Ceasefire

Israel Resumes Gaza Airstrikes, Dozens Killed Despite Ceasefire

FG In Last Minutes Move To Avert ASUU Strike, as Ultimatum Ends

ASUU Awaits FG’s Response on 9 Demands Tomorrow

Teen Denies Sexual Assault Allegation Against PDP Chieftain in Kwara

Teen Denies Sexual Assault Allegation Against PDP Chieftain in Kwara

Tuesday, October 21, 2025
  • Login
No Result
View All Result
iDeemlawful
  • Home
  • News
  • Featured
  • Politics
  • LifeStyle
  • Advertise with Us
  • Opinion
  • Campus
iDeemlawful
No Result
View All Result
iDeemlawful
No Result
View All Result
  • Home
  • News
  • Featured
  • Politics
  • LifeStyle
  • Advertise with Us
  • Opinion
  • Campus
Home Breaking News
NELFUND Halts ₦20k Upkeep Loans During School Breaks

NELFUND Halts ₦20k Upkeep Loans During School Breaks

by iDeemlawful
August 21, 2025
in Breaking News, Education
A A
0

The Nigerian Education Loan Fund (NELFUND) has announced plans to stop the ₦20,000 upkeep loan disbursement to students during school holidays.

NELFUND disclosed this in a statement on Thursday by its Director of Corporate Communications, Oseyemi Oluwatuyi.

The statement read, “In line with this directive, students shall only be entitled to upkeep loans for their current academic session. Upon the conclusion of an institution’s academic year, upkeep payments for that session shall automatically cease.

SeeThese

Varsity Expels Three Students Involved in Gun Shooting During SUG Election

ASUU Awaits FG’s Response on 9 Demands Tomorrow

FG Reverses Decision, Keeps Mathematics Compulsory for Art Students

“Consequently, students who transition into a new academic year will no longer receive upkeep disbursements for the preceding session.”

ADVERTISEMENT

NELFUND further stated that interested applicants must apply for the loan at the start of every academic session to be eligible for both institutional charges and upkeep for that particular session.

“To ensure accuracy and transparency, the NELFUND loan portal is being automated to reflect this adjustment. The portal will henceforth display only the upkeep loans that have been collected by each student within the relevant session.

“Institutions are therefore strongly advised to upload their academic calendars and sessional information in a timely manner to guarantee that their students receive the full upkeep benefits due to them for an entire academic year,” he added.

President Bola Ahmed Tinubu signed the Access to Higher Education Act into law, institutionalising student loans for Nigerians in public tertiary institutions.

The loan scheme was introduced as part of the government’s effort to expand access to higher education.

In 2024, the Nigerian government, through NELFUND, began implementing the law, offering student loans to Nigerians. For approved applicants, the Fund pays school fees directly to institutions and provides an optional ₦20,000 monthly upkeep allowance.

Tags: Campus ScoresNelfund
Previous Post

How Adamawa Busts Child Trafficking Ring Selling Victims at N800k

Next Post

Boko Haram denies Nigerian Army’s claim of Killing Leader

Next Read

ASUU Strike: Progress on Key Demands, Ministry Denies Prodigy Claim
Education

ASUU Strike: Progress on Key Demands, Ministry Denies Prodigy Claim

...

Read moreDetails
Chief of Army Staff Oluyede relocates to Markurdi over Herdsmen Attacks
Breaking News

Former Southern Governor Implicated in Alleged Coup Against Tinubu

...

Read moreDetails
Varsity Expels Three Students Involved in Gun Shooting During SUG Election
Education

Varsity Expels Three Students Involved in Gun Shooting During SUG Election

...

Read moreDetails
FG In Last Minutes Move To Avert ASUU Strike, as Ultimatum Ends
Education

ASUU Awaits FG’s Response on 9 Demands Tomorrow

...

Read moreDetails
Teen Denies Sexual Assault Allegation Against PDP Chieftain in Kwara
Breaking News

Teen Denies Sexual Assault Allegation Against PDP Chieftain in Kwara

...

Read moreDetails
FG Reverses Decision, Keeps Mathematics Compulsory for Art Students
Education

FG Reverses Decision, Keeps Mathematics Compulsory for Art Students

...

Read moreDetails
Wife-battering:  Court Dissolves Pastor’s Marriage
Breaking News

Man Beats Lady Who Rejected His Marriage Proposal

...

Read moreDetails
Call-Up Number Controversy: NYSC Clears the Air
Education

Nigerian Government investigate Benin Varsities, Nigerian Polytechnics Over NYSC Fraud

...

Read moreDetails
Next Post
How Boko Haram Bomb Maker, killed Self After Stepping On Own IED in Sambisa Forest

Boko Haram denies Nigerian Army's claim of Killing Leader

India bans Online Gambling

India bans Online Gambling

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

iDeemlawful

Copyright © 2019 iDeemlawful.

Useful Links

  • About
  • Advertise
  • Editorial
  • Support

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Copyright © 2019 iDeemlawful.