Education

NELFUND extends student loan application deadline as nationwide demand surges

By Felix Khanoba

The Nigerian Education Loan Fund (NELFUND) has approved an extension of its Student Loan Application Portal following a significant increase in awareness and nationwide demand generated by its ongoing sensitization campaign.

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In a statement signed by Mrs. Oseyemi Oluwatuyi, Director, Strategic Communications, on Monday, the Fund said the decision followed a reminder notice released last week informing the public that the NELFUND Student Loan Application Portal would close on February 27, 2026.

NELFUND explained that in response to strong feedback from students and key stakeholders across the country, and in recognition of the surge in applications and inquiries, it approved additional days to ensure all eligible students are given adequate opportunity to complete their applications, pending further management decisions and communications.

According to the statement, the extension is specifically intended to accommodate students who require additional time to complete their applications, prospective applicants who became aware of the scheme during the recent nationwide sensitization engagements, institutions newly commencing their 2025/2026 academic session and those that have not yet submitted their verified student lists.

Speaking on the development, the Managing Director/Chief Executive of NELFUND, Mr. Akintunde Sawyerr, reaffirmed the Fund’s commitment to inclusivity and equitable access.

“Our sensitization efforts across the six geopolitical zones have significantly increased awareness and participation. Therefore, in line with our mandate to expand access to tertiary education financing, we have approved an extension to ensure that all eligible students have a fair and equal opportunity to apply.”

NELFUND reiterated that institutions which have not yet commenced the 2025/2026 academic session must submit an official request for extension, accompanied by their approved academic calendar, for consideration.

Students were strongly encouraged to take advantage of the window to complete their applications via the official NELFUND portal before it eventually closes.

The Fund restated its commitment to transparency, accountability, and the delivery of sustainable student financing solutions aimed at removing financial barriers to higher education in Nigeria..

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