FUNAAB SUG Issues Update on NELFUND Loan Disbursement for 2024/2025 Session

The Students’ Union Government (SUG) of the Federal University of Agriculture, Abeokuta (FUNAAB), has announced a major improvement in the disbursement process for the 2024/2025 NELFUND loan cycle.

According to the Union, students will no longer be required to submit written letters to access their approved NELFUND funds. Instead, disbursements will now be made directly into the bank accounts provided during the application stage—streamlining the process and eliminating previous administrative delays.

Important Notice for Students with Inactive or Incorrect Account Details
Students who submitted inactive, incorrect, or outdated account information must update their details to avoid delays in receiving their funds. The SUG has arranged a dedicated session to support affected students:

Date: Friday, 14th November 2025
Venue: Students’ Union Building (S.U.B), Congress Hall
Time: 1:00 PM – 4:00 PM (Strictly; no African time)

The Union emphasizes that this is the only window for corrections, given that loan disbursement is scheduled for next week.

The SUG describes this development as a critical advancement in its ongoing efforts to enhance student welfare and ensure efficient representation. Students are encouraged to take the update seriously and act promptly where required.