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NELFUND: Students Lament Loan Delays Amid Exam Anxiety - Education - Nairaland

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NELFUND: Students Lament Loan Delays Amid Exam Anxiety by HenryThegreat1(op): 4:13am On Feb 15, 2025
Students from no fewer than 23 public universities and polytechnics have lamented the delayed disbursement of their approved institutional loans from the Nigerian Education Loan Fund as deadlines for tuition payment and examinations draw near.

President Bola Tinubu signed the Students Loan (Access to Higher Education) (Repeal and Re-enactment) Act into law on April 3, 2024, to provide sustainable higher education funding for Nigerian students.

Since the Fund’s commencement, several students across tertiary institutions have benefited. As of February 3, 2025, NELFUND reported receiving 364,042 student loan applications and disbursing N20,074,050,000 for institutional fees, benefiting 192,906 students.

Another N12,818,960,000 was allocated to 169,114 students, with each receiving a N20,000 monthly stipend for upkeep.

However, in response to NELFUND’s verified posts on X during the week, students from several institutions—including the University of Nigeria Nsukka; Obafemi Awolowo University; Federal University, Lokoja; Ladoke Akintola University; and others in Northern Nigeria—expressed frustration over the non-disbursement of their approved loans.

Many lamented that their school portals were closing in a matter of days, with examinations fast approaching.

On Saturday, Musty Jr (@JrMusty58254) wrote, “I am a University of Maiduguri student. I applied and was verified since August, yet I have received nothing from this initiative. Please, do something for us before next Wednesday. I am in serious financial crisis!”

Similarly, Orji Oyidiya Chukwu (@OyidiyaOrji) raised concerns on Sunday, tweeting, “@NELFUND, my brother hasn’t received either the upkeep money or the institutional fees, and his school (UNIZIK) is closing its portal on Friday, February 14. Please, help!”

By Monday, more students voiced their grievances. Stephen Ayobami from the Federal University, Lokoja, Kogi, wrote, “@NELFUND, please remember us. We applied since May last year and have been verified, but there’s been no approval or disbursement.

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“Many students are stranded—our school portal is closing this week, and exams start on the 10th of next month!”

At Aliko Dangote University of Science and Technology, Wudil, Kano, the Students’ Union Public Relations Officer, Muhammad Nura, issued a circular on Tuesday, saying that failure to pay tuition fees before the deadline could cause severe issues for students.

Confirming the non-disbursement, Abba Yusuf from the same institution wrote, “Why haven’t you disbursed funds for Aliko Dangote University students? Both upkeep and institutional fees remain unpaid. We have been verified since August 2024, yet not a single payment has been made!”

Similarly, Bryan (@Chime69.23h), a student of the University of Nigeria, Nsukka, stated, “I have been verified since June 2024, yet I haven’t received any disbursement—neither institutional fees nor upkeep. My school has started a new academic session, and I have to pay my fees!”

Some Polytechnic students also raised concerns. Oladiran Kayode pointed out that several students of The Polytechnic, Ibadan, had yet to receive both their institutional and upkeep loans.

Meanwhile, Kolapo James Ayomi (@kolapojames01) from LAUTECH lamented, “Tests and exams have begun, yet without paying our tuition fees, we can’t register our courses!”

Speaking with Saturday PUNCH, a NELFUND official, who requested anonymity due to a lack of authorisation to speak on the matter, blamed schools for the delay in tuition fee disbursements.

The source said, “Most times, these issues don’t originate from us. Once we approve the payments, we send the students’ data back to the schools for verification.

“The schools are then required to confirm the validity of the students and the tuition fees before we proceed. However, many institutions fail to respond promptly. We have to keep sending emails and reminders.
https://punchng.com/nelfund-students-lament-loan-delays-amid-exam-anxiety/

Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by AbuTwins: 6:03am On Feb 15, 2025
There should be no anxiety as it is clear the government will remit the funds!

Let the students ban exam Fever and face front!
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by lockheed55(m): 6:03am On Feb 15, 2025
Ok
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by mrpeter010(m): 6:05am On Feb 15, 2025
Make them calm down
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by Blazetrailer: 6:05am On Feb 15, 2025
grin grin grin.....they have carried them handicap again....Lamba government l!!
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by Mindlog: 6:08am On Feb 15, 2025
Really sad.
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by Ijoba85: 6:08am On Feb 15, 2025
Govt go pay, make una chill
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by Elidrisy20: 6:11am On Feb 15, 2025
Carryover
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by Eleph(m): 6:12am On Feb 15, 2025
Inefficiency!
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by Mindlog: 6:14am On Feb 15, 2025
AbuTwins:
There should be no anxiety as it is clear the government will remit the funds!

Let the students ban exam Fever and face front!
Which one is ban exam fever?🙄
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by greatiyk4u(m): 6:14am On Feb 15, 2025
This government cannot be trusted.

All they is just initial gra gra and the rest will be propaganda since they have more media attack dogs in and out of the government than Technocrats that can solve real life problems of the masses.


Noo wonder Canada humiliated the country to the lowest Echelon and I am not sure if the NSA can equally be given Visa if he requests.


I complained that the position of NSA is too sensitive to be given to a police man judging from their damaged pedigree and reputation
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by Gotocourt: 6:16am On Feb 15, 2025
Wahala for who trust Bobo Chicago cheesy

Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by AbuTwins: 6:16am On Feb 15, 2025
Mindlog:
Which one is ban exam fever?🙄
You never attend MFM before?

They fit ban hunger sef with prayer!

I don't think any school will penalize students for late payment from government. So they should just focus on passing their exams.
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by bewla(m): 6:20am On Feb 15, 2025
Book no easy
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by bewla(m): 6:20am On Feb 15, 2025
Gotocourt:
Wahala for who trust Bobo Chicago cheesy
don't let them arrest you
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by Gotocourt: 6:26am On Feb 15, 2025
bewla:
don't let them arrest you

Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by oluseyiforjesus(m): 6:33am On Feb 15, 2025
Instead of ds loan y not subsidize education
U gave few students loan, school fee increased in all school, imagine a government owned university paying close to a million . .
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by Flexymarketing(m):
na their wAY. dem go either loot am or keep am for fixed deposit. If you know,you know.

check my sig lets help you now.
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by ccollins(m):
mrpeter010:
Make them calm down
something is wrong with you. You should calm down and tell your corrupt leaders in apc and in nelfund to pay the students who are in a sad situation. If it was your own children that was struggling like that. Would you tell your own children to calm down
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by Kingdavid579(m): 6:40am On Feb 15, 2025
Which student still dey trust Nigeria government
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by Ohraykon: 6:42am On Feb 15, 2025
Ijoba85:
Govt go pay, make una chill
oloriburuku omo agbado
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by Tubexsms(m): 6:50am On Feb 15, 2025
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by seanery: 6:53am On Feb 15, 2025
Handicap 3 : 0

Werey govt give dem 3goals ahead still win.




Blazetrailer:
grin grin grin.....they have carried them handicap again....Lamba government l!!
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by RevenuesBoost(f): 6:53am On Feb 15, 2025
Not cool
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by psucc(m): 6:54am On Feb 15, 2025
Imagine! With all the media hype, more money spent on propaganda than the loan itself. Thank God I had never bought into the scam. The money has already been disbursed and the fictitious list are being prepared.

Don't be surprised, they'll one day publish the list to show accountability
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by Maj196(m): 6:59am On Feb 15, 2025
I know some crooks will chop the money... Very corrupt people
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by Cillionaiire: 7:00am On Feb 15, 2025
They must have shared the money among themselves students should nt wait for their zero fulfilled promisss
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by deji17: 7:00am On Feb 15, 2025
But some people dey talk say, nobody dey get the student loan?
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by jocelynor: 7:02am On Feb 15, 2025
Lol una go wait tire dull things
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by lexy2014: 7:05am On Feb 15, 2025
deji17:
But some people dey talk say, nobody dey get the student loan?
From the story, who has gotten the loan?
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by Nobody: 7:10am On Feb 15, 2025
Mindlog:
Which one is ban exam fever?🙄
Na APC supporter. They talk a lot of nonsense 🤣🤣
Re: NELFUND: Students Lament Loan Delays Amid Exam Anxiety by duduade(m): 7:50am On Feb 15, 2025
One chance for all these students

😂 😂 😂

Great Nigerian Students

Where are your NANS people
1 2 Reply

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