The delay in the August stipend from the Nigerian Education Loan Fund (NELFUND) is due to the ongoing payment processing. Necessary security checks are being conducted to protect public funds and ensure proper allocation to the right beneficiaries. Although this process may cause inconvenience, it is crucial for maintaining transparency, accountability, and upholding the integrity of the student loan program.
Your patience and understanding are requested as we work to finalize the disbursement with the same diligence that has defined our operations so far. Our mission is to empower students and enhance access to higher education across Nigeria.
The fund is diligently working to complete the disbursements as soon as possible. We appreciate the feedback from students and their engagement in monitoring the progress of the upkeep disbursements. This involvement reinforces the significance of the student loan program, and we remain dedicated to supporting your educational pursuits, just as we have with previous disbursements.
