6 months ago
81
The Management of Nigerian Education Loan Fund (NELFUND) has announced a 14-day postponement of the application process for student loans for state institutions.
The postponement is due to low data submissions, NELFUND said in a statement made available to journalists by the Head, Media and Public Relations of the Fund, Nasir Ayitogo, in Abuja on Tuesday.
Mr Ayitogo said the decision was necessitated by the failure of several state-owned institutions to upload the required student data and fees information to the NELFUND Student Verification System (SVS).
“To date, only a limited number of state-owned institutions have successfully completed the data submission process.
“These include 20 state universities out of 48; 12 state colleges out of 54, and two state polytechnics out of 49,” he said.
He acknowledged the efforts of the institutions who had completed their data.
He however noted that the failure to submit data from the remaining state institutions would pose significant challenges to ensuring a seamless and accurate verification process for student loan applicants.
Nigerians need credible journalism. Help us report it.
PREMIUM TIMES delivers fact-based journalism for Nigerians, by Nigerians — and our community of supporters, the readers who donate, make our work possible. Help us bring you and millions of others in-depth, meticulously researched news and information.
It’s essential to acknowledge that news production incurs expenses, and we take pride in never placing our stories behind a prohibitive paywall.
Will you support our newsroom with a modest donation to help maintain our commitment to free, accessible news?
He added that the application window, initially set to open on 25 June would now commence on 10 July 2024.
“This 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.
READ ALSO: Student Loan: NELFUND to publish list of institutions with complete data
“To facilitate an efficient and error-free application process, it is crucial that all state institutions 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,” he added.
He urged all state institutions to expedite their data submission processes and ensure the accuracy of the information provided. (NAN)
Support PREMIUM TIMES' journalism of integrity and credibility
At Premium Times, we firmly believe in the importance of high-quality journalism. Recognizing that not everyone can afford costly news subscriptions, we are dedicated to delivering meticulously researched, fact-checked news that remains freely accessible to all.
Whether you turn to Premium Times for daily updates, in-depth investigations into pressing national issues, or entertaining trending stories, we value your readership.
It’s essential to acknowledge that news production incurs expenses, and we take pride in never placing our stories behind a prohibitive paywall.
Would you consider supporting us with a modest contribution on a monthly basis to help maintain our commitment to free, accessible news?
TEXT AD: Call Willie - +2348098788999
English (US) ·