The Nigerian Education Loan Fund (NELFUND) informs students that the delay in the August stipend is due to ongoing payment processing, which includes necessary security checks to protect public funds and ensure proper allocation to beneficiaries.
Although this process may cause inconvenience, it is essential for maintaining transparency, accountability, and upholding the integrity of the student loan program. NELFUND asks for patience and understanding during this period as they finalize disbursement with diligence.
The fund remains committed to empowering students and enhancing access to higher education across Nigeria. Efforts are underway to complete disbursements as soon as possible.
NELFUND appreciates feedback from students and acknowledges their engagement in monitoring upkeep disbursements. This involvement reinforces the significance of the student loan program, and NELFUND remains dedicated to supporting students’ educational pursuits, consistent with previous disbursements.
