In anticipation of the 2025/2026 academic session portal opening, the Nigerian Education Loan Fund (NELFUND) has directed all accredited tertiary institutions to upload and update student records.
Institutions must submit details for both returning and newly admitted students on the NELFUND Student Verification Portal.
According to a Thursday, October 16, statement from NELFUND spokesperson Oseyemi Oluwatuyi, this proactive measure is essential for guaranteeing a smooth and efficient loan application and verification process once the portal goes live.
Institutions are therefore required to ensure that each student’s data is accurately captured and uploaded using the admission number or any other unique and verifiable identifier.
The statement said: “NELFUND recognises the vital role that tertiary institutions play in the success of the Education Loan Scheme and seeks their continued cooperation and partnership in achieving the collective goal of expanding access to higher education for all eligible Nigerian students.
“Only students whose details have been duly uploaded and verified through their respective institutions will be eligible to apply for and benefit from the loan scheme.
“As such, NELFUND urges all institutions to commence and complete the upload process promptly, designating appropriate officers to oversee this critical exercise in line with the provided technical guidelines.
“This collaboration is key to ensuring that no eligible student is left behind as the Fund prepares to open its application portal for the new academic session.”
Persecondnews reports that the data collection process involves verifying student information through the Student Loan Access System (SLAS) portal.
NELFUND has mandated that all accredited tertiary institutions must request access to SLAS to verify and upload student data related to loan applications.
Once the process is complete, the student’s status will automatically update to “Disbursed,” confirming that payment has been made.
This step ensures the timely processing and disbursement of approved student loans.
Author
Leave a comment