As the Nigerian Students loans portal comes alive today, Rextun City Updates brings you outlines of the step-by-step, three stages application process of the Nigerian student loan scheme.
The first state is getting started with a registration on the portal. This opens the way for creating your profile and finally application for the loan.
Stage 1: REGISTRATION
Step 1: visit nelf.gov.ng
Step 2: Click on the “Apply Now”
Step 3: Click on “Get Started”
Step 4: Answer the questions on this page to continue by clicking on “Yes, I am a Nigerian”
Step 5: Verify your educational information. To check if your school has uploaded your details, select your school from a dropdown menu and provide your matric number.
Step 6: Click the “Verify with JAMB” and enter your JAMB details on the screen.
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(Students whose NIN has not been registered with JAMB will have an input field where they can enter their NIN for validation.)
Step 7: Create an account by entering your email address and password. Confirm the password in the fields provided and click “Create Account.”
Step 8: Click the email verification link sent to your email. This concludes the process of creating an account.
Stage 2: COMPLETING YOUR PROFILE
After successful registration, log in by clicking the “LOGIN” button.
Step 1: Enter your email address and password to “LOGIN”.
Step 2: Click on the “Proceed to Contact Details” button.
Step 3: Update contact details with the current information of your phone number, full residential address, state of residence and local government area of residence. Then click “Proceed to Educational Details.”
Step 4: Update your educational details by selecting your higher Institution and inputting your matric number. Then click “Proceed to Account Details.”
Step 5: Verify your BVN by entering it, selecting your bank name, and entering your account number. Click “save changes” to complete your profile.
Stage 3: LOAN APPLICATION
Step 1: After logging into the application, Click the “Request for student loan” button at the top right of the home or loans page screen.
Step 2: If you want an upkeep loan, click the check box and click *continue,” if all you need is the institutional charge, click the “Continue” button.
Step 3: Upload supporting documents. The admission letter is compulsory, but the student ID and institution invoice are optional.
Click the checkbox for the policy and declaration and click “continue.”
Step 4: Read the loan overview and click the checkboxes for both the terms & conditions and GSI Mandate, then click “Submit Application”
Step 5: Click on the “loans” button to view the status of your application.
