Nigerian Student Loan Fund Portal to Open on May 24, 2024

President Bola Ahmed Tinubu

The Nigerian Education Loan Fund, by the Federal Government, has announced that the portal for student loan applications will officially open on May 24, 2024.

In a statement released on Thursday night, Nasir Ayitogo, the media lead for the Fund, emphasized that this launch is a crucial step in President Bola Tinubu’s dedication to promoting accessible and inclusive education for all Nigerian students. The statement also highlighted that the portal is designed with a user-friendly interface, making it easy for students to submit their loan applications.

The statement reads in part: “The management of Nigerian Education Loan Fund (NELFUND) led by its Managing Director, Mr Akintunde Sawyer are thrilled to announce 24th of May, 2024 as the official date for the opening of a portal for student loan applications.

“This marks a significant milestone in the commitment of President Bola Ahmed Tinubu (GCFR) to fostering accessible and inclusive education for all Nigerian students. Through the portal, students can now access loans to pursue their academic aspirations without financial constraints. The portal provides a user-friendly interface for students to submit their loan applications conveniently.”

The Nigerian Education Loan Fund (NELFUND) is the creation of the Access to Higher Education Act, 2023.

NELFUND is the body created by the Act to handle all loan requests, grants, disbursement, and recovery of the loans provided.

In April, the President signed an amended version of the bill.

The Fund, according to the Act, is to be funded from multiple streams and will engage in other productive activities. The portal can be accessed at

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