The Nigerian Education Loan Fund has started disbursing upkeep payments to students who have updated their bank account details from digital wallet platforms to commercial bank accounts.
The announcement was made in a Friday statement by the Fund’s Director of Strategic Communications, Mrs. Oseyemi Oluwatuyi, in Abuja.
Oluwatuyi described this development as a major step forward in addressing previous delays in payment processing.
She said, “Over 3,600 students, who previously registered with digital-only banking platforms, have now successfully received their backlog of upkeep payments after updating their details to conventional commercial bank accounts on the NELFUND portal.”
She expressed gratitude to affected students for their patience, stating: “We appreciate the patience and understanding of all affected students during this period. Your resilience and cooperation have made this progress possible.”
The Fund advised students who have not yet updated their bank details to submit a support ticket through the official NELFUND portal to request access for making the necessary changes. Additionally, students experiencing issues were encouraged to report through their institution’s IT office, which will compile and forward such cases to NELFUND for resolution.
Oluwatuyi emphasized, “NELFUND remains committed to ensuring that no eligible student is left behind. This resolution process is part of our broader effort to enhance the efficiency, transparency, and student-centred delivery of our support services.”
Students were reminded to use only official NELFUND communication channels for inquiries and updates. The Fund can be contacted via email at [email protected] or through its social media platforms: X (@nelfund), Instagram (@nelfund), and Facebook & LinkedIn (Nigerian Education Loan Fund–NELFUND).
