FUNATO opens NELFUND student loan application for cleared students

The Federal University of Agriculture and Technology, Okeho, FUNATO, has informed all cleared students that NELFUND student loan applications are now open.

The notice states that this followed communication between the University and the Nigerian Education Loan Fund, NELFUND. It also states that the loan covers school fees and monthly upkeep allowances in line with the NELFUND mandate.

Who can apply for the FUNATO NELFUND student loan

The notice is directed at cleared students of FUNATO.

That means the application is open to students who have been cleared by the University. For this set of applicants, the next step is simple; use the approved portal and complete the process there.

What the NELFUND loan covers

FUNATO states that the NELFUND student loan covers:

School fees

The loan covers school fees charged by the University.

Students are also told that they can only apply for a loan amount equal to the school fees charged by FUNATO.

Monthly upkeep allowances

The notice also states that the loan includes monthly upkeep allowances.

How to apply for the FUNATO NELFUND loan

Interested students are to apply through the official NELFUND portal.

The University adds one clear warning: students should use the official NELFUND portal only.

What students should note before applying

The key point in the notice is direct enough. A student can only apply for a loan amount that matches the school fees charged by the University.

That condition sits at the centre of the application; it should be checked before any form is submitted.

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