With the rising cost of tuition, accommodation, transportation, and study materials, many Nigerian students are increasingly searching for financial support to stay in school. One of the major opportunities currently available is the Federal Government’s student loan scheme managed by the Nigerian Education Loan Fund (NELFUND).
The scheme was introduced to help students in Nigerian tertiary institutions access interest-free financial support for their education without the pressure of immediate repayment. For many students at Rivers State University (RSU), the programme presents an opportunity to ease financial burdens while focusing on academics.
NELFUND recently opened its application portal for the 2025/2026 academic session, allowing eligible students across universities, polytechnics, and colleges of education to apply online.
What is NELFUND?
The Nigerian Education Loan Fund (NELFUND) is a Federal Government initiative created to provide financial assistance to students in higher institutions across Nigeria.
The programme offers interest-free student loans to help cover tuition fees, educational charges, and upkeep support. The loan is designed to reduce the financial pressure many students face while pursuing higher education.
Who Can Apply?
Students of Rivers State University and other accredited Nigerian tertiary institutions can apply if they have secured admission into a recognized institution, possess valid student information and admission details, have a functional phone number and email address, and are properly registered with their institution.
Newly admitted students can also apply using their JAMB registration number or admission details.
How to Apply for the NELFUND Student Loan
Step 1: Visit the Official Portal
Applicants should begin by visiting the official NELFUND application portal:
Step 2: Create an Account
Students will be required to create an account using their full name, email address, phone number, JAMB registration number, and date of birth.
After registration, applicants will receive a verification email.
Step 3: Verify Your Email
Open your email inbox and click the verification link sent by NELFUND to activate your account.
Once verified, log in to your dashboard to continue the application process.
Step 4: Complete Your Application
Applicants will be asked to provide institution details, course of study, academic information, admission details, and required supporting information.
Students should ensure all information matches their official school and JAMB records to avoid verification issues.
Step 5: Submit and Wait for Verification
After completing the form, review all information carefully before submitting.
NELFUND and your institution will verify the submitted details before approval is granted.
Important Things RSU Students Should Know
Students applying for the loan are advised to use an active email address and phone number, apply early to avoid portal congestion, ensure school records are accurate and updated, and avoid fake agents or unofficial websites.
The official NELFUND portal remains the only approved platform for application processing.
Is the Loan Interest-Free?
Yes. According to NELFUND, the student loan is interest-free.
Repayment is expected to begin after graduation and completion of the National Youth Service Corps (NYSC), under terms outlined by the programme.
Why This Matters for Students
For many students struggling with tuition and daily expenses, the NELFUND scheme may provide temporary financial relief and an opportunity to continue their education without interruption.
While the loan is not “free money,” it can help students focus more on academics and less on financial survival during their time in school.
Useful Links
Official NELFUND Portal:
https://portal.nelf.gov.ng
More Information:
https://nelf.gov.ng
CampusBlog advises students to read all terms and conditions carefully before applying.
