NELFUND Student Loan Disbursement as of today June 4th 2025 -This report provides a summary of the key milestones achieved since the launch of the NELFUND Student Loan Portal. It outlines the details of loan disbursements made to institutions for tuition fees, as well as disbursements made directly to students as upkeep allowances.
4th June, 2025
At 8:03am
Registrants
614,345
Students have registered
Applicants
572,564
Students have applied for loans
93%
of registrants have successfully applied
Changes from previous day
133%
0 100
of New Registrants
Succeeded in Applying
+ 1,282
Total Number of Successful Registrants
+ 1,708
Total Number of Successful Applicants
Disbursement as of 23rd May 2025
Institutional Fees Paid
¥30,179,797,649.20
Upkeep Allowance Paid
¥26,672,140,000
Total Loan Disbursed
¥56,851,937,649.20
198
Institution Beneficiaries
298,124
Student Beneficiaries
Dashboard Report from Portal Launch 24th May 2024 – fill date
About NELFUND
The Student Loan Initiative is a program established by the Federal Government of Nigeria to break financial barriers in higher education. Through the provision of interest-free loans, we are fundamentally reshaping the educational landscape.
