NELFUND EXTENDS 2025/2026 STUDENT LOAN APPLICATION DEADLINE TO FEBRUARY 27
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By Aishat Momoh. O.
The Nigerian Education Loan Fund (NELFUND) has extended the application deadline for the 2025/2026 academic session to February 27, 2026.
The extension was announced in a statement issued in Abuja on Thursday, with the Fund explaining that the initial deadline of January 31, 2026, was shifted to allow prospective applicants more time to complete and submit their applications.
According to the Director of Strategic Communications, Oseyemi Oluwatuyi, the decision was taken to ensure that no eligible student is excluded from the loan scheme due to timing constraints.
“The Nigerian Education Loan Fund has announced an extension of the application deadline for the 2025/2026 academic session from January 31, 2026, to February 27, 2026,” the statement said.
Commenting on the development, the Managing Director and Chief Executive Officer of NELFUND, Akintunde Sawyerr, said the extension reflects the Fund’s commitment to inclusivity and equitable access to education.
“This extension reflects our commitment to inclusivity and access. We understand that some applicants may require additional time to complete their submissions, and this decision ensures that every eligible Nigerian student has a fair opportunity to benefit from the Fund,” Sawyerr said.
NELFUND urged students who are yet to apply or who have not completed their applications to take advantage of the extended deadline and ensure all required information is submitted on or before February 27, 2026. It added that further updates would be communicated through its official channels.
The Nigerian Education Loan Fund was established to administer the Nigeria Student Loan Scheme, which was signed into law by President Bola Tinubu in April 2024. The scheme provides interest-free loans to students in public tertiary institutions to cover tuition fees and living expenses.
Applications for the programme opened in May 2024 to reduce financial barriers to education, particularly for students from low-income backgrounds. As of January 29, 2026, a total of ₦174.56 billion has been disbursed under the student loan scheme.
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