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NELFUND Warns Students Against Misinformation on Monthly Upkeep Allowance

By • March 30, 2026 • NELFUND News

NELFUND Warns Students Against Misinformation on Monthly Upkeep Allowance.

The Nigerian Education Loan Fund (NELFUND) has noted misinformation circulating regarding the monthly upkeep allowance for student beneficiaries.

For clarity, the approved upkeep allowance remains #20,000 (Twenty Thousand Naira) monthly, and not #25,000 (Twenty Five Thousand Naira) as being reported.

Students are advised to disregard any contrary information and rely only on official NELFUND communication channels for accurate updates.

The Fund appreciates the continued cooperation of students and remains committed to delivering transparent, efficient, and student-focused support nationwide.

For further inquiries or assistance, please contact us via email at [email protected] or reach out through our official social media platforms:

  • X (formerly Twitter): @nelfund
  • Instagram: @nelfund
  • Facebook & LinkedIn: Nigerian Education Loan Fund – NELFUND

Signed,
Mrs. Oseyemi Oluwatuyi
Director, Strategic Communications
Nigerian Education Loan Fund (NELFUND)

Website: www.nelf.gov.ng.

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