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NELFUND Rolls Out April 2025 Upkeep Allowances: System Upgrade Causes Minor Delays

NELFUND Launches April 2025 Upkeep Payments Amid System Upgrades The Nigerian Education Loan Fund (NELFUND) has initiated the disbursement of April 2025 upkeep allowances to eligible students across the country. While most beneficiaries have already received payments, the agency acknowledged minor delays for some due to ongoing system upgrades aimed at enhancing security and efficiency. Key Details for Students ✅ Payments Processed: Majority of beneficiaries have received funds. ⏳ Delays Reported: A small fraction impacted by recent system upgrades. 🔒 Upgrade Purpose: Streamlined processing, improved security, and faster future disbursements. NELFUND’s Assurance to Students Mrs. Oseyemi Oluwatuyi, NELFUND’s Director of Strategic Communications, emphasized transparency and urgency: “We’re collaborating with stakeholders to resolve delays promptly. Our commitment to operational excellence and timely support under the Renewed Hope Agenda remains unwavering.” She added: “We appreciate students’ patience as we enhance systems for their benefit.” Behind the System […]

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Zambian Delegation to Study Ghana’s Students Loan Trust Fund.

A Zambian delegation has arrived in Ghana to examine and learn from the operations of the Students Loan Trust Fund (SLTF), a scheme that has played a significant role in supporting Ghanaian students financially. The delegation, led by officials from Zambia’s Ministry of Education, seeks to understand how the SLTF is managed, its funding model, loan recovery mechanisms, and how it contributes to improving access to higher education.The Zambians expressed interest in replicating a similar student loan system back home to enhance opportunities for higher education financing. During their visit, they will engage with SLTF management and officials from the Ministry of Education in Ghana to discuss policies and strategies used to ensure the sustainability of the fund. The team will also meet with Ghanaian universities and key stakeholders involved in student financing.Ghana’s Students Loan Trust Fund has gained attention […]

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