17 June 2025 – The Nigerian Education Loan Fund (NELFUND) has called on all accredited institutions to immediately verify and upload student data on the newly digitised Student Loan Application System (SLAS).
According to the public notice released by NELFUND, the SLAS has been fully upgraded to enhance the speed and ease of processing student loans across Nigeria. This update means that institutions must now play a direct role in verifying their students’ data to ensure timely disbursement of education loans.
“All accredited institutions are now required to request access to SLAS to verify and upload student data related to loan applications,” NELFUND stated. “This is a critical step that ensures the timely processing and disbursement of approved student loans.”
Institutions that have not yet joined the system have been asked to send an access request via email to reaistration@nelf.gov.ng. Once access is granted, they will be able to use a real-time dashboard to monitor their students’ loan statuses, verify submitted data, and track the progress of each application.
“We urge all institutions to take immediate action in the interest of their students,” the notice continued. “Verification and data upload by the institutions are mandatory steps before final approval and disbursement can be completed.”
For student applicants whose portal status shows “Verified,” NELFUND clarified that the application has passed the initial checks. However, final disbursement depends on the student’s institution confirming and uploading their data to the system. Once this is done, the status will change to “Disbursed,” and tuition payments will be processed.
Mrs. Oseyemi Oluwatuyi, Director of Strategic Communications at NELFUND, signed off the notice, thanking all stakeholders for their continued cooperation.
“We appreciate the cooperation of all institutions and the patience of our student beneficiaries as we continue to streamline and digitise the student loan experience for greater transparency, efficiency, and accountability.”
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For further support, students and institutions can reach NELFUND via email at info@nelf.gov.ng.
