NELFUND Clarifies Disbursement Schedule for Successful Student Loan Applicants
Students who are currently in their first or second semester will receive their loan disbursements at the start of their next academic level.
Binye-lum 
The Nigerian Education Loan Fund (NELFUND) has issued a clarification regarding the disbursement schedule for student loans. Successful applicants are advised that loan disbursement will occur at the beginning of a new academic session, not at the start of each semester as previously misunderstood.
Students who are currently in their first or second semester will receive their loan disbursements at the start of their next academic level. This ensures that funds are allocated at the beginning of each new session to better align with students' overall financial planning and academic needs.
NELFUND encourages all successful applicants to take note of this schedule and plan accordingly for their educational expenses.
