NELFUND postpones student loan applications for state institutions by two weeks due to low data submissions. Only a fraction of state universities, colleges, and polytechnics have provided the required information. The delay aims to ensure more institutions comply, allowing their students to access Federal Government education loans.
The Nigerian Education Loan Fund (NELFUND) has announced a two-week postponement of the student loan application process for state institutions. The delay, revealed by NELFUND's Head of Media and Public Relations, Nasir Ayitogo, is due to insufficient data submissions from many state-owned educational institutions.
According to NELFUND, only a fraction of state institutions have completed the required data submission process. This includes 20 out of 48 state universities, 12 out of 54 state colleges, and a mere 2 out of 49 state polytechnics. The lack of comprehensive data poses significant challenges to the verification process for loan applicants.
The application window, originally scheduled to open on June 25, 2024, has been pushed back to July 10, 2024. This extension aims to give state institutions more time to comply with data submission requirements, ensuring their students can benefit from the Federal Government's loan scheme.
NELFUND emphasized the importance of complete and accurate information submission, including JAMB numbers, matriculation numbers, admission details, and student demographics. Incomplete or inaccurate submissions could result in application delays or even disqualification for affected students.
The fund urged all state institutions to expedite their data submission processes, warning that failure to meet the revised deadline could disadvantage their students who rely on these loans for their education. NELFUND expressed appreciation for institutions that have already complied and encouraged others to follow suit promptly.
The Nigerian Education Loan Fund (NELFUND) has announced a two-week postponement of the student loan application process for state institutions. The delay, revealed by NELFUND's Head of Media and Public Relations, Nasir Ayitogo, is due to insufficient data submissions from many state-owned educational institutions.
According to NELFUND, only a fraction of state institutions have completed the required data submission process. This includes 20 out of 48 state universities, 12 out of 54 state colleges, and a mere 2 out of 49 state polytechnics. The lack of comprehensive data poses significant challenges to the verification process for loan applicants.
The application window, originally scheduled to open on June 25, 2024, has been pushed back to July 10, 2024. This extension aims to give state institutions more time to comply with data submission requirements, ensuring their students can benefit from the Federal Government's loan scheme.
NELFUND emphasized the importance of complete and accurate information submission, including JAMB numbers, matriculation numbers, admission details, and student demographics. Incomplete or inaccurate submissions could result in application delays or even disqualification for affected students.
The fund urged all state institutions to expedite their data submission processes, warning that failure to meet the revised deadline could disadvantage their students who rely on these loans for their education. NELFUND expressed appreciation for institutions that have already complied and encouraged others to follow suit promptly.
