NELFUND Urges Accuracy in Data Submission for Student Loan Access

The Head of Media for the Nigerian Education Loan Fund (NELFUND), Nasir Ayitogo, has urged students to submit accurate data for the student loan.

NELFUND Urges Accuracy in Data Submission for Student Loan Access
NELFUND Head of Media, Nasir Ayitogo.

The Nigerian Education Loan Fund (NELFUND) has on June 13, emphasized the importance of accuracy and completeness in the data submission process for student loan access, as disclosed in a statement by its Head of Media, Nasir Ayitogo.

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Commending the proactive efforts of many federal institutions that have already completed the data submission exercise, marking the first wave of submissions, NELFUND underscored the ongoing process of uploading the data to the NELFUND Student Verification System (SVS) for state-owned institutions.

In the statement, NELFUND highlighted the critical role of accurate data in facilitating seamless applicant verification, a prerequisite for accessing the fund.

"For applicants to be able to access the fund, the individual’s details must feature in the institution’s submitted data set sent to the NELFUND SVS, where automatic applicant verification can then occur seamlessly."

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NELFUND cautioned that failure to undergo this verification would invalidate the application process, potentially disadvantaging applicants. Therefore, the accuracy and completeness of the information provided by tertiary institutions are paramount to the success of the student loan program.