NELFUND begins disbursement of students' allowance
The start of maintenance payments to student recipients who switched their bank account information from digital wallet platforms to commercial bank accounts was announced by the Nigerian Education Loan Fund on Friday.
Oseyemi Oluwatuyi, the Fund's Director of Corporate Communications, said in a statement that the development represents a major advancement in addressing previous payout delays.elays.
“Over 3,600 students who previously registered with digital-only banking platforms have now successfully received their backlog of upkeep payments after updating their details to conventional commercial bank accounts on the NELFUND portal.
“We appreciate the patience and understanding of all affected students during this period. Your resilience and cooperation have made this progress possible.
“Next Steps for Students Still Awaiting Payment Students who are yet to receive their upkeep payments and are still using digital wallet accounts are advised to raise a support ticket via the official NELFUND portal to request access for updating their bank details.
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