The Nigerian Education Loan Fund (NELFUND) has announced an extension of its Student Loan Application Portal in response to a notable increase in applications and public interest. This decision was confirmed on Monday by Mrs. Oseyemi Oluwatuyi, Director of Strategic Communications at NELFUND, during a statement issued in Abuja.
The initial closing date for the application portal was set for February 27, 2026. However, following a reminder notice last week highlighting this deadline, NELFUND received substantial feedback from students and stakeholders expressing the need for more time to complete their applications. The extension aims to provide additional days for all eligible students to finalize their submissions as the organization considers further management decisions.
In her statement, Oluwatuyi elaborated on the reasons for the extension. It is specifically designed to assist students who need more time, prospective applicants who became aware of the loan scheme through recent nationwide sensitization efforts, and institutions that are commencing their 2025/2026 academic session but have not yet submitted their verified student lists.
Mr. Akintunde Sawyerr, Managing Director and Chief Executive of NELFUND, emphasized the organization’s dedication to inclusivity and equitable access to educational financing. He stated, “Our sensitization efforts across the six geopolitical zones have significantly increased awareness and participation. Therefore, in line with our mandate to expand access to tertiary education financing, we have approved an extension to ensure that all eligible students have a fair and equal opportunity to apply.”
In addition, NELFUND highlighted that institutions which have not yet started the 2025/2026 academic session must submit an official request for an extension, along with their approved academic calendar, for consideration. Sawyerr urged students to utilize this time effectively, reminding them to complete their applications via the official NELFUND portal before it eventually closes.
The organization reaffirmed its commitment to transparency, accountability, and the provision of sustainable financing solutions aimed at removing financial barriers to higher education in Nigeria. As interest in the loan scheme continues to grow, NELFUND remains focused on ensuring that students have the necessary resources to pursue their academic goals.
