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Tag: Nigerian Students

  • 6 Steps To Take When Applying For Students Loan

    6 Steps To Take When Applying For Students Loan

    The Nation Newspaper

    Students in federal government-owned tertiary institutions will be the first batch of beneficiaries of the student loan scheme.

    The ecutive officer of Nigerian Education Loan Fund (NELFUND), Akintunde Sawyerr, stated this on Monday, May 20, while unfolding the conditions would-be beneficiaries will be required to meet.

    The Nation reports that President Tinubu on April 3 signed into law the bill on the scheme in line with his electoral promise that no Nigerian student would drop out of school on account of lack of funds.

    Applying for a student loan can be a daunting task, especially with the numerous forms and requirements involved.

    However, with the right guidance, the process can be a smooth and straightforward one. In this essay, we will explore the step-by-step process of applying for a student loan, specifically through the NELFUND platform.

    Here is how to apply for a student loan in Nigeria

    1. The first step in applying for a student loan through NELFUND is to log into the loan application portal on the NELFUND website (www.nelf.gov.ng).
      2.Once on the website, navigate to the student loan portal and create an account or log in if you already have an existing account. Creating an account is essential as it allows you to save your progress and access your application at any time.
    2. Once you have logged into the portal, you will be required to provide certain documents to complete your application. These documents typically include:
      Joint Admissions and Matriculation Board (JAMB) admission letter,
      National Identification Number (NIN),
      Bank Verification Number (BVN).
      These documents are necessary to verify your identity, academic status, and financial need, which are crucial factors in determining your eligibility for a student loan.
    3. After gathering all the necessary documents, you can proceed to fill out the loan application form. The form will require you to provide personal details such as your name, contact information, and date of birth, as well as academic information like your course of study, institution, and level of study. Additionally, you will need to provide details about your financial need, including information about your income, expenses, and any other sources of funding you may have.
    4. After completing the application form, it is essential to review it thoroughly before submitting it. Check for any errors or missing information and make sure all the required documents are attached. Once you are satisfied with your application, you can submit it through the portal.
    5. After submitting your application, you will receive a confirmation email from NELFUND with further instructions. This email may contain details about the next steps in the application process, such as providing additional documentation or attending an interview. It is crucial to follow these instructions promptly to ensure that your application is processed efficiently.

    Applying for a student loan through NELFUND can be a straightforward process if you follow the steps outlined above. By logging into the loan application portal, creating an account, providing the necessary documents, completing the application form, and submitting it, you can increase your chances of securing the financial assistance you need to pursue your education.

    Remember to review your application carefully and follow any instructions given to you by NELFUND to ensure a smooth application process.

  • FG Sends Fresh Message To ASUU

    Federal government has enjoined the striking Academic Staff Union of Universities (ASUU) to reconsider the plights of Nigerian students who have stayed at home for six months and suspend the industrial action .

    The minister of state for education, Hon Goodluck Nanah Opiah, made the call in Owerri while speaking with journalists. Opiah maintained that the federal government had met all the demands made by ASUU, but noted that the only outstanding issue is the government’s “no work no pay” policy.

    He said, “ASUU should consider the plight of our children and return to school. A lot of us have our children in public universities here and the lecturers also have their children in schools in Nigeria. We don’t feel happy to return home each day and see that the schools are still locked, and I wonder how the lecturers whose children are in public universities feel when they return home each day and see that their children are still at home.

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    “The Ministry of Education is critical. It is a large ministry that has so much in stock for the future of this country. The education sector is a very critical one and this government takes this seriously. That was why the government had to bend backwards to settle all the grey areas made by ASUU. What is the issue now is that the government insists that it cannot pay for the six months the lecturers did not go to work. The policy of ‘No Work No Pay’ is a global practice and not a witch hunt of the lecturers.”

    Speaker further he said, “I think we cannot afford to set the wrong precedents by paying people who stayed at home for six months. How do we compensate the students for all the days the lectures were at home if we compensate the lecturers by paying them? If we can answer this question, that will help. However, I plead with the lecturers to please return to school”.

    According to him, the ASUU strike was an unfortunate and avoidable one saying “ASUU strike is an unfortunate one, an avoidable one. It does no good to the future of our children and the country. No doubt, lecturers have a right to make demands, the federal government has since engaged the situation and we are in talks with the lecturers. Today, all grey areas have been settled, except that the lecturers are asking that the six months they have been on strike should be laid for. But the Federal Government said no, that the ‘No Work No Pay’ policy is a universal policy.

    However, the minister expressed optimism that with the recent suspension of strike by the Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff Union of Educational and other Associated Institutions (NASU), the industrial action by ASUU would soon be over.