Nigerian Education Loan Fund (NELFUND) is the government agency in charge of student loan in Nigeria.
12/08/2026
This International Youth Day, we celebrate the dreamers, innovators, leaders and changemakers shaping the future of Nigeria.
At NELFUND, we believe that education should never be a barrier to ambition. By expanding access to higher education, we are investing in young Nigerians and empowering them to build a stronger, brighter Nigeria.
Happy International Youth Day!
08/08/2026
Student Loan Disbursement Dashboard as of today, August 8th, 2026.
Be like Opeyemi. is real.
Being a medical doctor should not be difficult. has provided the opportunity. Use it
Easy does it. At we push to create access for all students across Nigeria
05/08/2026
President Bola Ahmed Tinubu yesterday received the Chairman of NELFUND, Mr. Jim Ovia, alongside the Managing Director/Chief Executive of NELFUND, Mr. Akintunde Sawyerr, in Abuja.
During the meeting, President Tinubu commended NELFUND for its remarkable strides in expanding access to higher education through the successful implementation of the Student Loan Scheme. The President also praised the leadership of the Managing Director/CEO, Mr. Akintunde Sawyerr, for driving the initiative and ensuring that millions of Nigerian students now have access to quality education without the burden of financial constraints.
To date, NELFUND has disbursed over ₦303 billion in interest-free student loans, positively impacting more than 1.64 million students across the country, a significant milestone in advancing the Renewed Hope Agenda for education and youth development.
03/08/2026
DISBURSEMENT ANNOUNCEMENT
Nnamdi Azikiwe University, Awka, Anambra State, has received a substantial NELFUND credit for the 2025/2026 academic session:
Amount: ₦19,797,500
Students: 175
Date: 1st June 2026
This disbursement covers a 100% statutory charges for all the verified applicants of this institution, ensuring numerous students can continue their studies with RENEWED HOPE and without financial interruption to their education.
03/08/2026
DISBURSEMENT ANNOUNCEMENT
Usman Danfodio University, Sokoto, Sokoto State, has received a substantial NELFUND credit for the 2025/2026 academic session:
Amount: ₦401,752,080
Students: 4,323
Date: 29th April 2026
This disbursement covers a 100% statutory charges for all the verified applicants of this institution, ensuring over four thousand students can continue their studies with RENEWED HOPE and without financial interruption to their education.
03/08/2026
DISBURSEMENT ANNOUNCEMENT
Niger Delta University, Wiberforce Island, Bayelsa State, has received a substantial NELFUND credit for the 2025/2026 academic session:
Amount: ₦126,070,000
Students: 1,125
Date: 24th July 2026
This disbursement covers a 100% statutory charges for all the verified applicants of this institution, ensuring over one thousand students can continue their studies with RENEWED HOPE and without financial interruption to their education.
MD NELFUND , Mr Akintunde Sawyerr at the Renewed Hope Students’ Engagement and Digital Acceleration Programme (DAP) – South East Zone.