Latest Update on NELFUND Student Loan Disbursement today, 9th June 2025
The Nigerian Education Loan Fund (NELFUND) has released its latest disbursement status report as of 9th June 2025, and the numbers are impressive. Since the launch of the NELFUND Student Loan Portal on 24th May 2024, thousands of students across the country have successfully registered and received financial support.
Key Statistics:
-
Total Registrants: 617,860 students
-
Total Applicants: 576,829 students
-
Success Rate: 93% of registrants have successfully applied
Daily Growth:
-
+773 successful registrants (from the previous day)
-
+960 successful applicants (from the previous day)
-
124% of new registrants succeeded in applying
Nelfund Disbursement Summary (As of 9th June 2025):
| Category | Amount |
|---|---|
| Institutional Fees Paid | ₦30,179,263,149.00 |
| Upkeep Allowance Paid | ₦29,699,020,000.00 |
| Total Disbursed | ₦59,878,283,149.00 |
Beneficiaries:
-
Institution Beneficiaries: 198
-
Student Beneficiaries: 298,124
This update shows that the NELFUND loan scheme is already transforming access to higher education in Nigeria, reducing the financial burden on students and their families.
What This Means for Students:
If you haven’t applied, don’t miss out! The process is still ongoing, and with over half a million applicants already in, early participation can secure your place in the next disbursement batch.
How to Apply:
-
Visit the NELFUND Student Loan Portal
-
Complete your registration with valid credentials
-
Upload the necessary documents and submit your application
-
Wait for verification and disbursement confirmation
Stay Updated
Keep checking your dashboard and the NELFUND official channels for more updates, especially as we move closer to the next batch of disbursements.
📍 Note: This is a dashboard update from the portal launch (24th May 2024) till date – 9th June 2025.
Don’t forget to share this update with friends and family who may benefit!