NELFUND Begins Payment of June, July Upkeep Allowances to Students.

The Nigerian Education Loan Fund (NELFUND) has commenced the payment of June and July upkeep allowances to student beneficiaries across the country.

According to a report by Punch, the development was confirmed by the National Association of Nigerian Students (NANS), while several beneficiaries also shared screenshots on X showing successful payment alerts.

In a statement issued on Friday, the NANS National President, Akinteye Babatunde, announced that the disbursement had commenced, assuring students that all outstanding backlogs would be cleared.

“The payment of June and July NELFUND upkeep allowances has officially commenced.

“As I assured you, every outstanding backlog will be paid. We remain committed to ensuring that no eligible Nigerian student is left behind,” he said.

Akinteye urged beneficiaries who were yet to receive their allowances not to panic, explaining that the payments were being made in batches.

“To all beneficiaries, I urge you to remain patient as payments are processed. If you have not received yours yet, kindly stay calm, as disbursements are being made in batches,” he said.

He reaffirmed NANS’ commitment to defending the welfare and interests of Nigerian students.

“We are here for you, always, and we will continue to stand firmly in defence of the welfare and interests of Nigerian students. Aluta Continua!” the statement added.

The announcement comes amid weeks of complaints from students over delays in the payment of monthly upkeep allowances under the Federal Government’s student loan scheme.

Following the announcement, several students took to X to share screenshots of credit alerts, confirming receipt of their June and July allowances.

The upkeep allowance is part of the NELFUND student loan programme, which provides monthly financial support to eligible students of tertiary institutions, in addition to tuition payments made directly to their institutions.