Student Loan Portal’s Application Glitches Fixed, Applicants Can Reapply For Student Loan

The Nigerian Education Loan Fund (NELFUND) has invited applicants who experienced some technical glitches when applying for the student loan, to reapply as the student loan portal’s technical issues have been fixed.

According to a statement on the Nigerian Education Loan Fund's (NELFUND's) official X handle, NELFUND said, “If you have encountered challenges with the application process, please check back into either re-register or continue the application process. The technical issues have been resolved.”

In addition, the Nigerian Education Loan Fund (NELFUND) informed applicants that might have received an SMS or email from the agency calling for them to try again thus;

“If you are successful when you retry, please let us know. If not, please reach out to us.”

Reports have it that NELFUND is ready to help students who facing challenges trying to apply for the student loan amidst several complaints and jostlings for answers after rolling out the student loan scheme application portal on Friday, May 24, 2024.

Nasir Ayitogo, the head of media and public relations at NELFUND had earlier given step-by-step instructions to students interested in applying for the student loan and disclosed that NELFUND has received various kinds of complaints from student loan applicants.

Haven addressed the technical issues affecting the student loan application portal; NELFUND is requesting concerned applicants to reapply for the student loan.

“If you are successful when you retry, please let us know. If not, please reach out to us,” NELFUND said

Eligible students are encouraged to take advantage of the opened student loan portal to invest in their future and contribute to the growth and development of Nigeria.

What students must provide before applying for the student loan:

Interested applicants will be required to provide the following to access the funds:

1) Joint Admission and Matriculation Board (JAMB) registration number

2) National Identification Number (NIN)

3) Bank Verification Number (BVN)

4) Students’ matriculation numbers

Students that are ineligible for the student loan:

The following categories of people will be considered ineligible to access the student loan:

1) Any student found guilty of examination malpractice by any school authority will not be selected for the student loan.

2) Students, otherwise known as applicants that have defaulted in respect of any previous loan granted to them by any organisation will not be eligible to apply for the student loan.

3) Others are students with a criminal record of felony or any offence involving dishonesty or fraud.

4) Students whose parents either father or mother have defaulted in respect of student loans or any loan granted to him or her.

5) Students who have been convicted of drug offences.

Consequently, Nigerian students in public higher learning institutions such as universities, polytechnics, colleges of education and vocational institutes who are not guilty of the listed offences are eligible to apply for the student loan.

Source: https://businessday.ng/education/article/student-loan-portals-application-hitches-resolved-applicants-can-reapply/

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