In a landmark move to simplify student financing, the Nigerian Education Loan Fund (NELFUND) has announced that its loan application process is now fully digitised, enabling students to apply seamlessly from anywhere in the country.
The digital transformation eliminates the need for in-person submissions or paperwork, allowing applicants to register, upload documents, track their applications, and receive updates, all via the NELFUND online platform.
A statement from the agency confirmed that the innovation was designed to reduce delays, enhance transparency, and expand access to underserved communities.
“We are proud to launch a completely digital loan process. It’s part of our drive to make education financing more accessible, efficient, and transparent for all Nigerian students,” the statement read.
NELFUND also reassured users of the platform’s security and compliance with global data protection standards.
This upgrade aligns with the Federal Government’s broader strategy to increase access to higher education and empower youth through financial inclusion and digital innovation.
Education stakeholders have hailed the development as a “game-changer” that could revolutionise how students access educational funding in Nigeria.
