Date: June 6, 2025
Time: 7:12 AMThe Nigerian Education Loan Fund (NELFUND) has released its latest student loan disbursement dashboard for today. As of this update:
- Total Registrants: 617,087
- Applicants: 575,869
- Success Rate: 93% of registrants have applied
Disbursement Figures (as of June 5, 2025):
- Institutional Fees Paid: ₦30,179,263,149.00
- Upkeep Allowance Paid: ₦29,699,020,000.00
- Total Loan Disbursed: ₦59,878,283,149.00
Beneficiaries:
- 198 Institutions
- 298,124 Students
What This Means
The steady increase in registration and application success shows that NELFUND is making significant progress in improving access to higher education funding. With over ₦59 billion already disbursed, many Nigerian students are beginning to benefit from this federal initiative.
Stay tuned for daily updates on NELFUND student loans. For more information, visit https://nelf.gov.ng