NELFUND Student Loan Dashboard Update June 7 2025
Date: June 7, 2025
Time: 8:05 AM
The Nigerian Education Loan Fund (NELFUND) has released its updated student loan dashboard. Here are the latest figures:
- Total Registrants: 617,860
- Total Applicants: 576,829
- Application Success Rate: 93%
Day-to-Day Change:
- +773 successful registrants
- +960 successful applicants
Disbursement (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
Institution Beneficiaries: 198
Student Beneficiaries: 298,124
Stay tuned for daily updates as more students benefit from the NELFUND loan program.