LAUTECH Encourages Students to Apply for Nigerian Education Loan Fund (NELFUND)

Ladoke Akintola University of Technology (LAUTECH) has urged its students to take advantage of the Nigerian Education Loan Fund (NELFUND)

LAUTECH Encourages Students to Apply for Nigerian Education Loan Fund (NELFUND)

Ladoke Akintola University of Technology (LAUTECH) has urged its students to take advantage of the Nigerian Education Loan Fund (NELFUND), a Federal Government initiative aimed at providing financial support to students in higher institutions.

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The NELFUND scheme covers annual tuition fees, which are paid directly to the university by the government. In addition, students will receive a monthly stipend of ₦20,000 throughout their academic program. Repayment of the loan will begin two years after completing the National Youth Service Corps (NYSC) program, provided the graduate secures employment.

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Students are encouraged to apply promptly by following these steps:

  1. Visit the NELFUND portal at www.nelf.gov.ng.
  2. Log in to the student loan portal or create a new account.
  3. Ensure you have the required documents, including your JAMB Admission Letter, National Identification Number (NIN), and Bank Verification Number (BVN).
  4. Complete the application form with personal and academic details.
  5. Submit the application and await confirmation via email with further instructions.

LAUTECH students are urged to apply as soon as possible to benefit from this vital financial assistance.