NELFUND Records Highest 24-Hour Student Loan Applications Since Portal Launch

The high volume of applications shows the financial constraints many aspiring higher education students face, reinforcing the importance of NELFUND's efforts to support Nigerian youth in their educational pursuits.

NELFUND Records Highest 24-Hour Student Loan Applications Since Portal Launch

The Nigeria Education Loan Fund (NELFUND) has announced that it received the highest number of student loan applications within a 24-hour period since the launch of its student loan application portal on May 25, 2024. 

According to the NELFUND Management, led by Managing Director/CEO Mr. Akintunde Sawyerr, a total of 9,687 student registrations were recorded in the last 24 hours, with 7,975 of these being completed loan applications. This significant surge highlights the critical role NELFUND plays in enabling access to higher education for students facing financial challenges.

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The high volume of applications underscores the financial constraints many aspiring higher education students face, reinforcing the importance of NELFUND's efforts to support Nigerian youth in their educational pursuits.

This milestone aligns with the vision of President Bola Ahmed Tinubu (GCFR) to provide financial assistance to students across the nation. NELFUND has consistently seen a steady influx of applications since the portal's launch, demonstrating the pressing need for financial aid among Nigerian students.

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Students experiencing financial difficulties are encouraged to take advantage of this opportunity by applying for a loan through the NELFUND portal. The application process is designed to be user-friendly, and a dedicated support team is available to assist applicants throughout the process.

For more information on how to apply for a student loan, students are advised to visit the NELFUND website or contact the organization via its verified social media handles.