The Nigerian Education Loan Fund (NELFUND) has resumed the disbursement of upkeep allowances to student beneficiaries who recently updated their bank account details from digital wallets to conventional commercial bank accounts.
In a statement issued on Friday by the Fund’s Director of Strategic Communications, Mrs. Oseyemi Oluwatuyi , NELFUND confirmed that over 3,600 students who had previously registered using digital-only banking platforms have now received their backlog of upkeep payments after updating their details via the agency’s portal.
The Fund thanked students for their patience during the delay, describing the development as a major step in improving the efficiency and transparency of its student support services.
Students still awaiting payment and using digital wallet accounts have been advised to raise a support ticket through the official NELFUND portal to request access for updating their bank details. Alternatively, affected students may report through their institution’s IT office for onward transmission to NELFUND.
The agency assured that no eligible student would be left behind in the upkeep disbursement process. It also urged students to use only official NELFUND communication channels for updates and enquiries.
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