• Thursday, June 27, 2024
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BusinessDay

Student loan: Portal’s application hitches resolved, applicants can reapply

Gowon’s student loan scheme holds lessons for Tinubu

The Nigerian Education Loan Fund (NELFund) has invited applicants who had hitches applying for the student loan to reapply as the portal’s technical issues have been resolved.

According to a statement on its official X handle @NELFUND, the agency said, “If you have encountered challenges with the application process, please check back into either re-register or continue the application process. The technical issues have been resolved.”

In addition, NELfund informed applicants that might have received an SMS or email from the agency calling for them to try again thus;

“If you are successful when you retry, please let us know. If not, please reach out to us.”

Earlier BusinessDay had reported that NELFund is prepared to assist students who facing challenges trying to apply in the face of many complaints and jostlings for answers after rolling out the student loan scheme application portal on Friday, May 24, 2024,

Nasir Ayitogo, the head of media and public relations at NELFund had earlier given step-by-step instructions to students interested in applying for the loan and revealed that the agency has received various kinds of complaints from applicants.

Haven addressed the technical issues affecting the website; NELFund is requesting concerned applicants to reapply for the loan.

“If you are successful when you retry, please let us know. If not, please reach out to us,” NELFUND said

Eligible students are encouraged to take advantage of the opened portal to invest in their future and contribute to the growth and development of Nigeria.

What students must provide before applying:

Interested applicants will be required to provide the following to access the funds; Joint Admission and Matriculation Board (JAMB) registration number, National Identification Number (NIN), Bank Verification Number (BVN) and their students’ matriculation numbers.

Ineligible students:

The following categories of people will be considered ineligible to access the loan; any student found guilty of examination malpractice by any school authority.

Students, otherwise known as applicants have defaulted in respect of any previous loan granted to them by any organisation.

Others are students with a criminal record of felony or any offence involving dishonesty or fraud.

Similarly, students whose parents either father or mother have defaulted in respect of student loans or any loan granted to him or her, and students who have been convicted of drug offences.

Consequently, Nigerian students in public higher learning institutions such as universities, polytechnics, colleges of education and vocational institutes who are not guilty of the listed offences are eligible to apply for the loan.