The Nigerian Education Loan Fund (NELFUND) has announced the successful resumption of upkeep disbursements to student beneficiaries who have updated their bank account information from digital wallet platforms to commercial bank accounts.
In a statement issued by Mrs. Oseyemi Oluwatuyi, Director of Strategic Communications at NELFUND, the development marks a major step forward in resolving previous payment delays.
“Over 3,600 students who initially registered with digital-only banking platforms have now received their backlog of upkeep payments after updating their details to conventional commercial bank accounts via the NELFUND portal,” she stated.
“We sincerely appreciate the patience and understanding shown by affected students during this period. Your resilience and cooperation were instrumental in achieving this progress.”
NELFUND has advised students who are still awaiting disbursement and continue to use digital wallet accounts to raise a support ticket through the official NELFUND portal to request access for updating their bank details.
Alternatively, students can report through the IT office of their institution, which will compile and forward such cases to NELFUND for prompt resolution.
“NELFUND remains fully committed to ensuring that no eligible student is left behind. This resolution process is part of our broader efforts to improve the efficiency, transparency, and student-focused delivery of our services,” Mrs. Oluwatuyi added.
Students are urged to communicate only through official NELFUND channels and to support peers who may need assistance with the update process.
