Nigerian Education Loan Fund Extends Portal
Analysis based on 7 articles · First reported Mar 12, 2026 · Last updated Mar 12, 2026
The extension of the student loan application portal by Nigeria — Nigerian Education Loan Fund is positive for the education sector in Nigeria, potentially increasing enrollment in tertiary institutions. It also signals continued government support for human capital development, which can have long-term economic benefits.
The Nigeria — Nigerian Education Loan Fund (NELFUND) has approved an extension of its Student Loan Application Portal for the 2025/2026 academic session. This extension applies to institutions that formally requested additional time to allow their eligible students to complete applications. Akintunde Sawyerr, Managing Director/Chief Executive Officer of Nigeria — Nigerian Education Loan Fund, and Oseyemi Oluwatuyi, Director of Strategic Communications, reiterated the agency's commitment to ensuring access to the student loan programme for all eligible Nigerian students. The Nigeria — Nigerian Education Loan Fund, established by a law enacted by President Bola Tinubu in April 2024, provides interest-free loans to students in public tertiary institutions to cover tuition and living expenses, with repayment required after education and employment.
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