The Nigerian Education Loan Fund (NELFUND) has resumed the disbursement of upkeep allowance to student beneficiaries who have updated their bank account details from digital wallet platforms to commercial bank accounts.
This development marks a significant breakthrough in resolving earlier disbursement delays.
A statement by the Director, Strategic Communications of the Agency, Mrs. Oseyemi Oluwatuyi explains that over 3,600 students who previously registered with digital-only banking platforms have now successfully received their backlog of upkeep payments after updating their details to conventional commercial bank accounts on the NELFUND portal.
It says NELFUND remains committed to ensuring that no eligible student is left behind.
According to the statement, this resolution process is part of its broader effort to enhance the efficiency, transparency, and student-centered delivery of its support services.
It urges all students to continue engaging only through official NELFUND channels, and to assist peers who may require help navigating the update process.
