FUNAAB Directs Refund of Overpaid NELFUND Student Loans

The Federal University of Agriculture, Abeokuta (FUNAAB) has informed students that an error occurred during the disbursement of the NELFUND Student Loan, resulting in some students receiving amounts exceeding what they originally applied for.

FUNAAB Directs Refund of Overpaid NELFUND Student Loans

The Federal University of Agriculture, Abeokuta (FUNAAB) has informed students that an error occurred during the disbursement of the NELFUND Student Loan, resulting in some students receiving amounts exceeding what they originally applied for.

Instructions to Affected Students:

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  • Students who were overpaid are required to refund the excess amount.
  • Affected students should report to the Students’ Union Building to meet the Director of Finance and the Director of Treasury to collect the RRR generated for the refund.
  • Payment must be completed on or before the end of the lecture-free week.

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Important Notice:
Failure to refund the excess amount within the stipulated period will result in the student being barred from writing examinations, as the overpayment will be treated as outstanding fees.

All concerned students are advised to comply promptly to avoid academic and financial penalties.