July 21, 2024

FG to Announce Institutions Submitting Student Data for Loan Verification

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The Nigerian Education Loan Fund (NELFUND) has announced plans to release a comprehensive list of institutions that have submitted their student data to the NELFUND Student Verification System (SVS) portal.

 

The announcement will be made on June 24, 2024, according to a statement issued by Mr. Nasir Ayitogo, Head of Media and Public Relations for NELFUND, in Abuja on Thursday.

 

The list will include both federal and state-owned institutions, ensuring transparency and encouraging full participation in the student loan scheme. The focus will be on undergraduate applicants from tertiary institutions.

“It is commendable that many federal institutions have already completed the exercise, being the first wave,” the statement noted. “The process of uploading the data to NELFUND Student Verification System (SVS) is currently ongoing for the state-owned institutions.”

 

For applicants to access the fund, their details must appear in their institution’s submitted data set, facilitating seamless automatic verification. “Failure to have this verification would invalidate the application process and disadvantage applicants,” the statement warned.

 

NELFUND emphasized the importance of complete and accurate information from tertiary institutions, noting that the correlation of JAMB numbers, matriculation numbers, admission numbers, applicants’ full names, and dates of birth will support the evaluation process. “Applicants are urged to enter their data into the portal accurately when applying and to ensure that their email addresses are entered without error,” it added.

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