Education

NELFUND resumes upkeep disbursements for students with updated commercial bank accounts

The Nigerian Education Loan Fund (NELFUND) has announced successful commencement of upkeep disbursements to student beneficiaries who have updated their bank account details from digital wallet platforms to commercial bank accounts. This was contained in a statement signed by the Director, Strategic Communications, NELFUND, Mrs. Oseyemi Oluwatuyi on Friday July 11, 2025 in Abuja. This…

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This was contained in a statement signed by the Director, Strategic Communications, NELFUND, Mrs. Oseyemi Oluwatuyi on Friday July 11, 2025 in Abuja.

This development according to the statement, marks a significant breakthrough in resolving earlier disbursement delays. 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.

“We appreciate the patience and understanding of all affected students during this period. Your resilience and cooperation have made this progress possible”, NELFUND said.

The Fund stated further that students who are yet to receive their upkeep payments and are still using digital wallet accounts are advised to raise a support ticket via the official NELFUND portal to request access for updating their bank details, adding that alternatively, students may report through the IT office of their institution, which will compile and forward all related cases to NELFUND for resolution.

“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-centered delivery of our support services.

“We urge all students to continue engaging only through official NELFUND channels, and to assist peers who may require help navigating the update process. We thank everyone for their patience and support as we continue working to deliver a more inclusive and reliable student loan experience”, it said.

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