The Nigerian Education Loan Fund (NELFUND) recorded 8,397 student loan applications on Friday, 13 November 2026 reflecting continued interest among Nigerian students in accessing the Student Loan Scheme.
According to the NELFUND dashboard generated on 14 November 2026, the latest daily figure brought total applications received since the portal’s launch on 24 May 2024 to 2,470,176.
The figures underscore the sustained demand for financial support to help eligible students pursue higher education and meet the costs associated with their studies.
Separately, the dashboard’s disbursement summary, dated *29 October 2026*, shows that NELFUND had disbursed ₦375.28 billion, comprising *₦194.77 billion in institutional fees* and *₦180.51 billion in upkeep allowances*. It also lists *320 beneficiary institutions* and *1,675,474 student loans disbursed cumulatively*
The 8,397 applications received on 13 November highlight the continuing relevance of the scheme to students seeking financial assistance. Applications remain distinct from approved or disbursed loans.
