Greater than a monetary support programme, the Scholar Mortgage initiativeset up by the Federal Authorities of Nigeria, is a beacon of hopefor Nigerian college students pursuing larger training.
Advantages of StudentLoan Initiative
A path to Instructional Accessibility With out Monetary Hurdles
Curiosity-free loans for tuition charges
Equal entry to larger training for all eligible candidates.
Decreased monetary stress on college students and households
Easy Steps to SecureYour Scholar Mortgage
Step 1: Register on the Scholar Mortgage Utility Platform by clicking the “APPLY NOW” button under to get began
Step 2: Click on on the “Request for Scholar Mortgage” button and full the mortgage software steps and submit.
Step 3: Your software will likely be reviewed. After profitable verification, funds will likely be made to your establishment for institutional cost, whereas the maintenance mortgage will likely be paid to the checking account you might have supplied in your profile
Incessantly Requested Questions
Every thing you might want to know concerning the pupil mortgage and compensation.
Beneath what circumstances would NELFUND deny an software?
if such an applicant is: Confirmed to have defaulted in respect of any earlier mortgage granted by any licenced monetary establishment; Discovered responsible of submitting pretend/fraudulent paperwork and dismissed for examination malpractices by any faculty authority; and Convicted of fraud and forgery, drug offences, cultism, felony, or any offences involving dishonesty;
Are there any paperwork to add throughout the software course of?
Sure. Scanned admission letter for brand spanking new college students (obligatory), scanned Scholar Identification Card (elective).
Is there any enchantment course of when an software is denied?
A criticism could be raised from the portal, or you may ship an e-mail to the NELFUND
What are the implications of defaulting on the mortgage?
Deliberate default may lead to penalties, authorized motion, and potential harm to your credit score rating.
READ ALSO: Steps to register for FG’s artisan empowerment programme SUPA
Knowledge Perception
The Scholar Mortgage Initiative is Revolutionising Training Accessibility Throughout Nigeria.
236 Collaborating with esteemed establishments
267,957 Devoted college students registered
187,839 No. of Mortgage Functions
How To Apply For Scholar Mortgage
Click on on the next hyperlink:
Welcome to the Scholar Mortgage Portal
Curiosity Free Mortgage
No hidden expenses, fully curiosity free
Quick & Simple
Full pupil mortgage software inside 15 – half-hour.
Protected & Safe
Inbuilt safety to maintain all of your information protected
Versatile Fee Period
Fee of pupil mortgage begins two years after NYSC
