NELFUND to open student loan application portal October 23 for 2025/2026 academic session

The Nigerian Education Loan Fund (NELFUND) has announced the opening of its student loan application portal for the 2025/2026 academic session, scheduled to run from Thursday, October 23 to Saturday, January 31, 2026.
In a statement issued on Tuesday, Oseyemi Oluwatuyi, NELFUND’s director of strategic communications, commended the continued cooperation of tertiary institutions nationwide.
Oluwatuyi further sought the collaboration of tertiary institutions to ensure a smooth and inclusive loan process for all eligible students.
“Institutions are reminded to update and upload the verified records of both returning and newly admitted students on the NELFUND Student Verification Portal, as this step is essential for students to successfully apply and benefit from the scheme,” the statement reads.
She reiterated that returning and newly admitted students of accredited tertiary institutions are eligible to apply for the loan.
Oluwatuyi added that fresh students may apply using either their admission number or JAMB registration number (in place of matric number).
“Institutions are encouraged to show understanding in enforcing registration and fee payment deadlines for students awaiting loan disbursement,” she said.
“Institutions that have not yet commenced their 2025/2026 academic session should formally write to NELFUND with their approved academic calendar for scheduling flexibility
“NELFUND appeals to all institutions to consider temporary registration measures for students whose loan applications are being processed to ensure that no student loses access to education due to financial constraints.”



