NELFUND Denies Fake Notice, Confirms Student Loan Scheme Remains Active
The Nigerian Education Loan Fund (NELFUND) has issued a firm denial regarding a widely circulated online notice that falsely claimed the suspension of its student loan scheme. In a statement released on its official X account on Saturday, the Fund clarified that it has not halted loan disbursements and advised the public to disregard the misleading information.
Public Urged to Rely on Official Channels
NELFUND emphasized the importance of using its official communication channels for accurate updates. The fake notice, which had been spreading online, asserted that due to unforeseen operational circumstances, the Fund had temporarily paused the student loan disbursement program with immediate effect. However, NELFUND dismissed this claim, stating, "This document is fake. Kindly disregard the circulating letter on suspension of student loan disbursements. NELFUND has not issued any such directive."
Heightened Interest in the Loan Scheme
This clarification comes amid increased public interest in the student loan scheme, which the Federal Government reports has supported over one million students since its inception. The program aims to expand access to higher education across Nigeria, making it a critical initiative for educational advancement. The false notice had caused confusion among students and stakeholders, prompting NELFUND to act swiftly to correct the misinformation.
Key Points:
- NELFUND confirmed that the student loan scheme is still operational and has not been suspended.
- The Fund labeled the circulating online notice as fake and urged the public to ignore it.
- Official communication channels should be relied upon for any updates regarding loan disbursements.
- The scheme has reportedly aided more than one million students, enhancing educational opportunities nationwide.
By addressing this issue promptly, NELFUND aims to maintain trust and ensure that eligible students continue to benefit from the loan program without disruption. The Fund's proactive response highlights its commitment to transparency and support for Nigeria's educational sector.
