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NELFUND News Today 27th July 2026: Students Receive ₦40,000 Upkeep Backlog

Ify Godwin by Ify Godwin
July 27, 2026
Reading Time: 6 mins read
NELFUND News Today 27th July 2026
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NELFUND News Today 27 July 2026 : Students Receive June and July Upkeep as NANS Gives Fresh Update on Pending Payments

Thousands of students enrolled in the Nigerian Education Loan Fund (NELFUND) programme have started receiving long-awaited upkeep payments after weeks of uncertainty, bringing relief to many beneficiaries across the country.

The latest disbursement covers the outstanding June and July 2026 monthly upkeep allowances, with many students confirming they have received ₦40,000, representing two months of unpaid stipends.

The development comes shortly after many beneficiaries received their May upkeep allowance, signalling that NELFUND is working through outstanding payments that had generated widespread concern among students.

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Relief as upkeep alerts begin to arrive

Over the weekend, social media platforms were flooded with screenshots of bank alerts from students who confirmed receiving their upkeep allowance.

Beneficiaries from universities, polytechnics and colleges of education said the payment would help them settle immediate academic and living expenses, including transportation, feeding, accommodation and study materials.

For many students, the arrival of the funds ends weeks of uncertainty after delays affected the normal monthly payment schedule.

Although thousands have already been credited, payments are still being processed, meaning some eligible students may receive theirs later as the exercise continues.

NANS asks students yet to be paid to stay calm

The National Association of Nigerian Students (NANS) has assured beneficiaries that the payment process is not yet complete.

According to the association, NELFUND is releasing the upkeep allowances in batches, and every verified beneficiary is expected to receive any outstanding entitlement.

NANS President Comrade Akinteye Babatunde Afeez said the student body had engaged the management of NELFUND over the delays and received assurances that the backlog would be cleared.

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He advised students who have not yet received payment not to panic, explaining that the disbursement exercise is still ongoing.

The association also pledged to keep monitoring the implementation of the student loan programme to ensure eligible students are not left out.

UNIUYO students’ complaints taken to NELFUND

While many students are celebrating the latest payments, concerns remain in some institutions.

One of the major issues raised recently involves students of the University of Uyo (UNIUYO), who alleged that they had not received their upkeep allowances for several months.

Following the complaints, NANS confirmed that it had formally brought the matter before NELFUND’s leadership for urgent attention.

The association said it had received assurances that the issue was being reviewed and urged affected students to remain patient while efforts are made to resolve the outstanding payments.

If resolved, the intervention is expected to provide relief for affected beneficiaries who say the delays have affected their ability to meet basic academic and personal expenses.

Another institution confirms receipt of NELFUND loan funds

As student upkeep payments continue, NELFUND is also expanding tuition loan disbursements to tertiary institutions.

The Federal College of Forestry, Jos, has acknowledged receiving ₦14,769,400 under the Federal Government’s student loan programme.

The funds will benefit 242 students whose applications were successfully processed under the scheme.

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The institution confirmed the payment in an official acknowledgement issued by its management, adding another school to the growing list of beneficiaries under the nationwide programme.

NELFUND disbursement keeps expanding

Recent figures released through NELFUND’s public dashboard show the programme has continued to record significant growth.

As of early July 2026:

  • More than ₦303 billion has been disbursed.
  • 315 tertiary institutions have benefited from the programme.
  • Over 1.6 million student applications have been processed through the scheme.

The figures reflect the increasing reach of the Federal Government’s student loan initiative, which provides eligible students with tuition support and monthly upkeep allowances.

Why some students receive payments later than others

One question many beneficiaries continue to ask is why classmates receive alerts while others are still waiting.

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Payment delays can happen for several reasons, including:

  • Verification of student records.
  • Processing of bank account details.
  • Institutional confirmation of beneficiary information.
  • Batch-based disbursement by NELFUND.

Students who have completed their applications successfully but are yet to receive payment are advised to monitor their registered bank accounts and NELFUND portal updates while waiting for the next batch.

What students should do if they have not received their upkeep

If your classmates have received payment but your account has not been credited, experts advise taking the following steps:

  • Confirm that your NELFUND application was approved.
  • Ensure your bank account details are correct.
  • Check whether your institution has completed verification.
  • Follow updates from NELFUND through its official communication channels.
  • Report unresolved issues through your institution or recognised student representatives where necessary.

Avoid paying anyone who claims they can fast-track your application or release your funds.

Frequently Asked Questions

Has NELFUND started paying the June and July upkeep allowance?

Yes. Eligible beneficiaries across several institutions have confirmed receiving payments covering the June and July 2026 upkeep allowance.

How much are students receiving?

Many beneficiaries have reported receiving ₦40,000, representing two months of monthly upkeep.

Why haven’t I received my payment?

NELFUND says payments are being made in batches. Some students may receive theirs later depending on verification and processing.

Has the UNIUYO payment issue been resolved?

NANS has confirmed that the matter has been officially escalated to NELFUND. The association says discussions are ongoing to resolve the complaints raised by affected students.

 

The latest round of NELFUND payments has brought welcome relief to many Nigerian students who had been waiting for their upkeep allowances. While thousands have already received their June and July stipends, others are still expecting payment as disbursements continue in batches.

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At the same time, the student loan programme is expanding its reach, with more institutions confirming receipt of tuition funds and more students benefiting from the Federal Government’s education financing initiative.

For beneficiaries who are still waiting, student leaders have advised patience while verification and payment processes are completed. If the current pace of disbursement is maintained, more students are expected to receive their outstanding allowances in the coming days.

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Ify Godwin

Ify Godwin

Zoeeb Team helps young people access verified opportunities in skills, jobs, and financial growth. Get the latest empowerment programs, training, and career tips to level up your future.

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