By Adesakin Adefemi
The Nigerian Education Loan Fund (NELFUND) has announced an extension of the application deadline for the 2025/2026 academic session to February 27, 2026. This decision aims to give prospective applicants more time to complete and submit their applications, ensuring that no eligible student is left behind due to timing constraints.
The initial deadline was set for January 31, 2026, but NELFUND has decided to give students a bit more breathing room to accommodate those who may have faced challenges in meeting the original deadline.
According to NELFUND’s Director of Strategic Communications, Oseyemi Oluwatuyi, the extension reflects the fund’s commitment to inclusivity and access, ensuring that every eligible student has a chance to apply and benefit from the interest-free loan scheme.
Managing Director Akintunde Sawyerr added that the move is designed to ensure every eligible Nigerian student has a fair opportunity to benefit from the fund, regardless of their financial situation. This initiative aims to promote equal access to education and empower students to achieve their academic goals.
The interest-free loan scheme, enacted into law in April 2024, supports students in public tertiary institutions, covering tuition fees and living costs. Beneficiaries will repay the funds after completing their education and securing employment, making it a sustainable solution for students.
As of January 29, 2026, a total of ₦174,561,719,810 has been disbursed to support students, demonstrating the government’s commitment to investing in the nation’s human capital. NELFUND urges eligible students to apply and take advantage of this opportunity.
