NELFUND Resumes Disbursement Of Students’ Upkeep
By: Olufemi Orunsola
The Nigerian Education Loan Fund (NELFUND) has announced the resumption of upkeep disbursements to student beneficiaries who have updated their bank account details from digital wallet platforms to commercial bank accounts.
OPEN TELEVISION NAIJA (OTN) News reports that in a statement issued by the Director of Corporate Communications of the Fund, Oseyemi Oluwatuyi, the development was described as a major breakthrough in resolving earlier disbursement delays.
The statement reads, “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.
It further reads, “We appreciate the patience and understanding of all affected students during this period. Your resilience and cooperation have made this progress possible."
The Fund advised students still awaiting their upkeep payments and still using digital wallet accounts to raise a support ticket via the official NELFUND portal to request access for updating their bank details.
In the alternative, students may report through the IT office of their institution, which will compile and forward all related cases to NELFUND for resolution.
Meanwhile, NELFUND has reiterated its commitment to ensuring that no eligible student is left behind, adding that the resolution process is part of a broader effort to enhance the efficiency, transparency, and student-centred delivery of its support services.
“We urge all students to continue engaging only through official NELFUND channels and to assist peers who may require help navigating the update process.
“Once again, we thank you for your patience and support as we continue working to deliver a more inclusive and reliable student loan,” the statement concluded.
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