The Management of Nigerian Education Loan Fund, NELFUND, has postponed the application process for student loan for state institutions due to low data submissions.
The 14-day postponement, according to NELFUND, was necessitated by the failure of several state-owned institutions to upload the required student data and fee information to the Student Verification System.
The Fund said the extension will provide additional time for state institutions to comply with the data submission requirements and ensure their students can benefit from the Federal Government student loan scheme.
To facilitate an efficient and error-free application process, all state institutions must provide complete and accurate information.
This includes JAMB numbers, matriculation numbers, admission numbers, full names, level, faculties, departments, duration of program, fees, and gender of all eligible students.
Incomplete or incorrect data submissions will result in application delays and potential disqualification for affected students.
The fund urged all state institutions to expedite their data submission processes and ensure the accuracy of the information provided.
It further warned that Institutions that fail to meet the revised deadline risk disadvantaging their students, who depend on these loans to support their education.
