Thousands of students enrolled in the Nigerian Education Loan Fund (NELFUND) have started receiving their June and July upkeep allowances, bringing relief after weeks of uncertainty over delayed payments.
The latest disbursement comes after many beneficiaries raised concerns about the delay in receiving their monthly upkeep stipend under the Federal Government’s student loan scheme. The payments mark the settlement of outstanding allowances for eligible students across the country.
Several beneficiaries have already confirmed receiving payment alerts, with many sharing screenshots of successful bank credits on social media.
Students Confirm Receipt of June and July NELFUND Payments
Excitement has spread across campuses as beneficiaries reported receiving their June and July upkeep allowances.
For many students, the latest disbursement covers two months’ stipends, helping them meet essential living expenses while pursuing their studies.
The upkeep allowance is separate from tuition payments under the NELFUND scheme. While tuition fees are paid directly to approved tertiary institutions, the monthly stipend is transferred into the personal bank accounts of eligible students.
Many beneficiaries described the payment as timely, saying it would help them pay for transportation, feeding, study materials and other day-to-day expenses.
NANS Confirms Disbursement Has Started
The National Association of Nigerian Students (NANS) has confirmed that the payment process is now underway.
Speaking on the development, NANS President Akinteye Babatunde assured students that the June and July upkeep allowance disbursement had officially commenced.
He also reassured beneficiaries that every outstanding backlog would be cleared.
According to him, students who have not yet received payment should remain calm because the disbursement is being carried out in batches.
He explained that not all beneficiaries would receive their allowances at the same time and urged affected students to exercise patience while the payment process continues.
Why Some Students Have Not Received Their Allowance Yet
Students who are yet to receive payment should not immediately assume there is a problem with their application.
NELFUND processes upkeep payments in phases, meaning beneficiaries are credited at different times.
As a result, some students receive payment alerts earlier than others, depending on the batch in which their applications are processed.
Students whose allowances have not reflected in their accounts are advised to continue checking their registered bank accounts regularly while additional payments are being processed.
What Is the NELFUND Upkeep Allowance?
The upkeep allowance is a monthly financial support provided under the Federal Government’s student loan programme.
Unlike tuition fees, which are paid directly to participating tertiary institutions, the upkeep allowance is deposited into the personal bank accounts of eligible beneficiaries.
The monthly stipend is intended to help students cover essential living expenses while studying.
These expenses may include:
- Transportation
- Feeding
- Study materials
- Internet and educational resources
- Other day-to-day academic needs
Only students who meet the eligibility requirements of the NELFUND programme qualify for the monthly allowance.
Students Welcome the Latest Payment
The commencement of the June and July disbursement has been welcomed by many beneficiaries who had been waiting for weeks.
Several students expressed appreciation after receiving their alerts, describing the allowance as a major source of support amid rising living costs.
Others noted that the payment would enable them to settle immediate academic and personal expenses while continuing their studies.
What Beneficiaries Should Do
Students who have not yet received their allowances are encouraged to:
- Remain patient while the batch payment process continues.
- Regularly check their registered bank accounts.
- Ensure the bank account details submitted during their NELFUND application remain active and accurate.
- Follow official NELFUND communication channels for verified updates.
- Ignore rumours and unverified payment claims circulating on social media.
Frequently Asked Questions
Has NELFUND started paying the June and July upkeep allowance?
Yes. NELFUND has commenced payment of the June and July upkeep allowances, and many beneficiaries have already confirmed receiving their stipends.
Why haven’t I received my allowance yet?
Payments are being processed in batches. If your account has not yet been credited, your payment may still be undergoing processing.
What does the upkeep allowance cover?
The monthly upkeep allowance helps eligible students meet essential living expenses, including transportation, feeding, study materials, internet access and other day-to-day educational costs.
Does NELFUND pay tuition fees separately?
Yes. Tuition fees are paid directly to approved tertiary institutions, while the monthly upkeep allowance is paid into beneficiaries’ personal bank accounts.
Who is eligible for the upkeep allowance?
Only students who have successfully qualified for the NELFUND student loan programme and meet the scheme’s eligibility requirements receive the monthly upkeep allowance.
Conclusion
The commencement of June and July NELFUND upkeep allowance payments is welcome news for thousands of Nigerian students benefiting from the Federal Government’s student loan programme.
While many beneficiaries have already received their stipends, others may need to wait a little longer as disbursements are being made in batches across the country.
Students who are yet to receive payment are advised to remain patient, monitor their bank accounts regularly and rely only on official NELFUND updates as the nationwide payment exercise continues.
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