Student Loan Scheme – Nigerian Govt List Students Not Eligible

The Nigerian government has said convicted certificate forgers, drug offenders, and cultists, amongst others, are not eligible for the federal government’s student loan scheme. Education Loan Fund (NELFUND).

This was disclosed in a post by the administrator of the student loan scheme on its official X handle on Friday.

The post addresses some of the “frequently asked” questions by the prospective applicants.

NELFUND said applications by citizens “convicted of fraud and forgery, drug offences, cultism, felony, or any offences involving dishonesty” would be rejected.

Others whose application would be rejected include anyone “proven to have defaulted in respect of any previous loan granted” by any licensed financial institution and anyone “found guilty of submitting fake/fraudulent documents and dismissed for exam malpractices by any school authority.”

It was gathered that NELFUND opened the application portal on Friday for the first phase of the student loan scheme, which is open to students from federal institutions across the country.

NELFUND – FREQUENTLY ASKED QUESTIONS
 
The Frequently Asked Questions below is our attempt to answer common questions that the applicants may have regarding the Students’ Higher Education Loan in a brief and easy-to-understand way.
 
1. What is the Students Loans (Access to…

— NELFUND Nigeria (@NELFUND) May 23, 2024