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    Home » NELFUND Cracks Down On Inaccurate Student Loan Data
    2 Mins ReadJune 14, 2024

    NELFUND Cracks Down On Inaccurate Student Loan Data

    By Festus AdeloyeJune 14, 2024No Comments2 Mins Read
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    The Nigerian Education Loan Fund (NELFUND) has warned federal and state-owned tertiary institutions against supplying inaccurate and incomplete data for the student loan scheme.

    It urged tertiary institutions to ensure that the information they supply is not only complete but also accurate.

    The agency said it would publish on June 24 the full list of institutions that have submitted their complete student data, as requested by the agency for upload onto the agency’s Student Verification System (SVS).

    In a statement by its Head of Media and Public Relations, Nasir Ayitogo, the agency said the list of institutions would be published to ensure transparency and due access and to encourage undergraduate applicants and tertiary institutions to participate in the exercise.

    The statement said: “It is commendable that many federal institutions have already completed the exercise, having been the first wave, whilst the process of uploading the data to NELFUND SVS is currently ongoing for the state-owned institutions.

    “For applicants to be able to access the fund, the individual’s details must feature in the institution’s submitted data set sent to the NELFUND SVS, where automatic applicant verification can then occur seamlessly.

    “Failure to have this verification would invalidate the application process and disadvantage applicants. It is, therefore, critical that the information provided by the tertiary institutions is not only complete but also accurate.

    “It is, therefore, critical that the information provided by the tertiary institutions is not only complete but also accurate.

    “The correlation or matching of the Joint Admissions and Matriculation Board (JAMB) numbers, matriculation numbers and admission numbers as well as applicants’ full names and dates of birth will support the evaluation process.

    “Applicants are urged to enter their data into the portal accurately when applying and to ensure that their email addresses are entered without error.

    “NELFUND has expressed its delight in the cooperation it has received from the tertiary institutions at both state and federal level across the nation.”

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    • Festus Adeloye
      Festus Adeloye

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