FG Student Loan: How to Apply for Student Loan in Nigeria
The Federal government of Nigeria has officially launched the application portal for the long-awaited Student loan in Nigeria. Following the portal’s launch, interested and eligible Nigerian students who wish to participate in this loan program are invited to submit their application form for the loan before the application portal closes.
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About FG Student Loan
First announced in 2023, the Student Loan program is an initiative of the President Tinubu-led administration with the primary aim of breaking financial barriers in Nigerian higher education by providing interest-free loans to students at various levels of tertiary education and thereby fundamentally reshaping the educational landscape.
The student loan program is designed to solve three major problems and they are;
- Provision of interest-free loans for tuition fees
- Equal access to higher education for all eligible candidates.
- Reduced financial stress on students and families
List Of Full Requirements for Student Loans in Nigeria
Nigerian students who want to apply for a Federal government student loan are required to provide the following;
Fresh Students
- Joint Admissions and Matriculation Board (JAMB) registration number
- National Identification Number (NIN)
- Bank Verification Number (BVN),
Existing Students
- Existing students who seek to take the loan would need to provide their matriculation number and
- Student ID
Other personal details would also be required while completing the application form.
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How to Apply for FG Student Loan
If you are a student who wishes to participate in the student loan scheme, you can now submit your application form online via the loan application portal at https://portal.nelf.gov.ng while on the portal, click on login, then proceed to create an account with a valid email and then proceed to provide other details.
How to Apply for Student Loan in Nigeria
After creating your account, verify your email and login to the portal. When you login, you are expected to provide other details such as;
- Your Full name, contact information, date of birth, academic information (course of study, institution, level of study), and financial details (income, expenses, other funding sources).
- You will also be required to upload your passport and other documents where necessary.
Make sure to provide only accurate information so you can be shortlisted among the eligible candidates to receive the loan during the review process.
Application Deadline
No deadline has been announced.