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How you can Apply for Tinubu Student Loan in Nigeria

Here's everything you need to know about the application processes of the Federal Governement Student Loan in Nigeria.
Federal Government Student Loan in Nigeria

The recently launched President Tinubu Student Loan scheme represents a significant step towards fostering educational equity in Nigeria. The Loan is offering interest-free financial assistance to qualified students attending public institutions. It's also aims to alleviate financial barriers and empowers you to pursue your academic ambitions.

If you're a Nigerian student seeking support to cover your educational expenses, here's a comprehensive guide to navigate the application process through the new federal government student loan portal that's expected to launched today, February 21, 2024 for application:

Eligibility Criteria

Who is qualified to apply for 2024 student in Nigeria? You must be an undergraduate that's currently learning in any higher institution in Nigeria. However, it's also essential to meet the following requirements before starting your application to ensure your loan application is granted or approved.

  1. Admission: You must have secured admission into an accredited public university, polytechnic, college of education, or TVET school in Nigeria.
  2. Financial Need: Your annual income or family income must be demonstrably below N500,000, which you must provide proof of fund for it.
  3. Academic Record: While specific requirements may vary by institution, maintaining a satisfactory academic record throughout your studies is crucial.

In addition, national means of identification (such as National Identification Number (NIN), Voter's Card, International Passport or Driver's License), your institution admission letter, your academic transcripts, your financial statements, and guarantor’s information (if applicable) will also be required for the federal government loan in Nigeria.


Securing two qualified guarantors is essential for your application. Acceptable guarantors include:

  • Nigerian civil servants with at least 12 years of service and a minimum level 12 position.
  • Lawyers with at least 10 years of post-call experience.
  • Judicial officers or Justices of the Peace.

NELFUND will evaluate applications based on eligibility criteria, financial need, and academic merit. Selected applicants will be notified and guided through the loan disbursement process.

Application Process

The application process is primarily conducted online through a dedicated platform developed by the Nigerian Education Loan Fund (NELFUND). While official details are still awaited, expect the platform to launch soon. Here's what you can anticipate:

  • Registration: Create an account on the NELFUND platform using your personal details and admission information.
  • Application Form: Submit an online application form, providing accurate information about your academic background, financial circumstances, and guarantors.
  • Supporting Documents: Upload scanned copies of required documents, such as your admission letter, ID card, income proofs, and guarantor details.
  • Submission and Review: Submit your completed application and supporting documents for review by NELFUND.

What you should know

It's important to let you know that the federal government student loan is currently limited to public institutions. Meanwhile, you can stay up-to-date about potential expansions to private schools in the coming future.

Also remember that this loan is interest-free, but repayment is mandatory upon completion of your studies or after a grace period (details to be confirmed). Lastly, it's crucial to stay vigilant against fraudulent activities. NELFUND will communicate directly through official channels, and no fees are associated with the application process.

By following these guidelines and staying informed through official channels, you can increase your chances of securing the President Tinubu Student Loan and unlocking your educational potential. Remember, investing in your education is an investment in your future, and this scheme paves the way for a brighter tomorrow for deserving Nigerian students.

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About the Author

With five years experience in Media, Temmy Samuel's become a modern journalist, delivering impressive reporting about tech, finance, business and science around the world. More About Temmy

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