NELFUND resumes disbursement of students’ upkeep

The Nigerian Education Loan Fund on Friday announced the commencement of upkeep disbursements to student beneficiaries who have updated their bank account details from digital wallet platforms to commercial bank accounts.
A statement by the Director of Corporate Communications of the Fund, Oseyemi Oluwatuyi, said the development marks a significant breakthrough in resolving earlier disbursement delays.
According to the statement Over 3,600 students who previously registered with digital-only banking platforms have now successfully received their backlog of upkeep payments after updating their details to conventional commercial bank accounts on the NELFUND portal.
It appreciated the patience and understanding of all affected students during this period. Your resilience and cooperation have made this progress possible.
The statement added that Students who are yet to receive their upkeep payments and are still using digital wallet accounts are advised to raise a support ticket via the official NELFUND portal to request access for updating their bank details.
Alternatively, students are advised report through the IT office of their institution, which will compile and forward all related cases to NELFUND for resolution.
NELFUND restated its committed to ensuring that no eligible student is left behind saying this resolution process is part of the broader effort to enhance the efficiency, transparency, and student-centred delivery of our support services.
It also urged all students to continue engaging only through official NELFUND channels, and to assist peers who may require help navigating the update process.