Abuja, Nigeria – The Nigerian Education Loan Fund (NELFUND) don drop serious gists as dem announce say dem go close di application portal for 2024/2025 academic session today, September 30, 2025. NELFUND boss, Akintunde Sawyerr, yarn dis one during one media conference wey happen on Monday.

Sawyerr talk say dis closure no be wahala but to help dem finalize pending applications and supply onye students dem upkeep payments. No worry, dem go open di portal back for new applications from second week of October to January 2026. So, fresh students, gather your materials; your time soon come!

But make we no forget d major gist: institutions wey no go verify students’ records go face public shame! As Sawyerr talk am, any school wey no meet di October 8 deadline go end up for public listing over non-compliance. Chai! No school wan carry dis kind wahala for head.

For di students wey don apply for di ongoing session, if your school no verify your application after di deadline, you go need to reapply for di next session. E get as e be, but truth be say, no school fit rescue you if dem no do wetin dem suppose do!

Sawyerr also say di upkeep payments, wey dey give students, go continue until November, but dem must reapply for 2025/2026 to still enjoy di money wey dey come. Presently, di allowance na ₦20,000 monthly, but no be time to raise am yet. Although, dem dey look into di cost of living to see if adjustments fit happen later. So, hold tight!

Di big man don show concern over school fees wey many institutions dey dey raise anyhow. As e be, some committee wey Education Minister set up dey work with regulators to make sure fees go dey standard. No more scam!

Sawyerr sabi wetin e dey talk: “We no go allow any financial wahala stop students from getting education. Na wetin NELFUND dey fight for.” E sweet to hear dis kind statement, but na action we go follow, abi?

So, students make you no slack! Make sure say your school don update your records on di Student Verification System (SVS). All dis gists wey dey happen fit increase your chances of enjoying di loan wey dey interest-free!