NELFUND closes 2024/2025 student loan portal Tuesday, urges institutions to verify student records before October 8. NELFUND warns schools over non-compliance as unverified student loan applications face automatic cancellation. Photo credit: Nelfund/XSource: UGCNELFUND announces student loan application updateLegit.ng earlier reported that Following recent issues with student loan applications, the Nigerian Education Loan Fund (NELFUND) has announced updates to ease the loan application process and prevent fraud by stakeholders. NELFUND revealed plans to deploy IT teams to linked institutions across Nigeria and integrate 'Student Loan' directly as a payment option on their portals. Speaking at a stakeholders’ engagement session and technical workshop on NELFUND System Automation and Loan Application Processes, held on Tuesday in Abuja, the Managing Director of NELFUND, Akintunde Sawyerr, noted that the proposed integration would eliminate several bottlenecks in the student loan application process.