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Home» Questions»Q 180048
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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Aphodia
AphodiaActive Contributor
Asked: August 16, 20252025-08-16T17:47:24+00:00 2025-08-16T17:47:24+00:00In: Loan and Debt Help

Should I apply for NELFUND?

Should I apply for NELFUND?
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3 Answers

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  1. Lash
    Lash Knowledge Seeker
    2025-08-25T08:12:30+00:00Added an answer on August 25, 2025 at 8:12 am

    Nelfund Is a Nigerian federal government scheme to help students in the tertiary institutions financially So if you feel the need to apply it would be a good step You'll receive financial support that will help you go through your academic journey with reduced stress from financial burden as the NigRead more

    Nelfund Is a Nigerian federal government scheme to help students in the tertiary institutions financially
    So if you feel the need to apply it would be a good step
    You’ll receive financial support that will help you go through your academic journey with reduced stress from financial burden as the Nigerian economy is not really doing well so it’s good that you benefit from that

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  2. De Mogul
    De Mogul Expert Mind A student
    2025-08-24T23:35:42+00:00Added an answer on August 24, 2025 at 11:35 pm

    I think it is very important to partake in what others are doing and also benefit from it. If you are not from a rich family then I think it is very important and necessary for you to pick up the scholarship and better your education. It is very encouraging that every month they give an allowance ofRead more

    I think it is very important to partake in what others are doing and also benefit from it.

    If you are not from a rich family then I think it is very important and necessary for you to pick up the scholarship and better your education.
    It is very encouraging that every month they give an allowance of 20,000 Naira which is a very huge help to a lot of student because they can use it to feed themselves for a month.
    They also pay your school fees.

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  3. Carpon
    Carpon Expert Mind Hustler
    2025-08-25T09:42:49+00:00Added an answer on August 25, 2025 at 9:42 am

    Nelfund is the Nigerians federal government scheme to help alleviate the financial burden of education on Nigerian parents and students. Before you apply you must understand the terms and conditions attached to it and just as the name state it is a loan. Most Nigerians have the notion that they mighRead more

    Nelfund is the Nigerians federal government scheme to help alleviate the financial burden of education on Nigerian parents and students. Before you apply you must understand the terms and conditions attached to it and just as the name state it is a loan.

    Most Nigerians have the notion that they might not pay at the end of the day but I believe that if you are applying you should have it in mind that there are probability that you are going to pay back.

    If you are struggling financially then it is a very important scheme that will help to reduce the financial burden.

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