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Home » NELFUND Warns Nigerians about Fake Students Loan Websites

NELFUND Warns Nigerians about Fake Students Loan Websites

“The fraudsters operating the website http://fedstudyloan-gov.ng have advertised an application for the highly anticipated student loan programme of the Federal Government”, NELFUND said.

Staff Writer by Staff Writer
April 27, 2024
in News
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NELFUND and Student Loan
NELFUND logo

NELFUND logo

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The Nigerian Education Loan Fund (NELFUND) has alerted Nigerians, especially students to exercise caution and verify the legitimacy of any website or service claiming to represent the organisation.

Jim Ovia, NELFUND Chairman
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Jim Ovia, NELFUND Chairman

This is contained in a statement in Abuja on Friday issued by NELFUND’s Head of Media and Public Relations, Nasir Ayitogo.

“NELFUND management has become aware of a fraudulent advertisement in the Punch newspaper about a ‘Federal Study Loan.”

“The fraudsters operating the website www.fedstudyloan-gov.ng have advertised an application for the highly anticipated student loan programme of the Federal Government.

NITDA and NELFUND
Kashifu Inuwa DG NITDA presenting the NITDA Strategic Roadmap and Action Plan(SRAP 2.0) to Akintunde Sawyer, the executive secretary NELFUND at the Agency’s Headquarters in Abuja.

“NELFUND wishes to clarify that it has no association with this website and strongly condemns any attempts to deceive students seeking financial aid.

“NELFUND takes the security and well-being of our students very seriously and is committed to providing accurate information and resources for financing their education,” he said.

Mr Ayitogo urged anyone affected by the scam to report it immediately to the relevant authorities.

He added that the official channel for student loan applications, which would be opened to the public in due course, is www.nelf.gov.ng.

NAN reports that the NELFUND said no fewer than 1.2 million Nigerian students in tertiary institutions and government-recognised skill acquisition centres will be among the first batch of beneficiaries.

The Managing Director of NELFUND, Akintunde Sawyerr, on 18 April said the money to fund the loan scheme is one per cent of the revenue generated by the Federal Inland Revenue Service annually.

(NAN)

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