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NELFUND shifts student loan application deadline to February 27
['Obinna Ezugwu']
Business Hallmark
The Nigerian Education Loan Fund (NELFUND) has extended the application deadline for the 2025/2026 academic session to February 27, 2026, giving prospective applicants more time to complete and submit their entries.
“The Nigerian Education Loan Fund has announced an extension of the application deadline for the 2025/2026 academic session from January 31, 2026, to February 27, 2026,” the statement said.
We understand that some applicants may require additional time to complete their submissions, and this decision ensures that every eligible Nigerian student has a fair opportunity to benefit from the Fund,” Sawyerr said.
NELFUND was established to administer the Nigeria Student Loan Scheme, which was signed into law by President Bola Ahmed Tinubu in April 2024.
As of January 29, 2026, the total amount disbursed under the student loan scheme stood at ₦174,561,719,810.