The Nigerian Education Loan Fund (NELFUND) has advised students to be vigilant and confirm the authenticity of any website or service purporting to represent the organization.
This is contained in a statement issued in Abuja on Friday by NELFUND’s Head of Media and Public Relations, Nasir Ayitogo.
“NELFUND management has become aware of a fraudulent advertisement about a ‘Federal Study Loan’.
“Fraudsters operating the website www.fedstudyloan-gov.ng have advertised an application for the highly anticipated student loan programme of the Federal Government.
“NELFUND wishes to clarify that it has no association with this website and strongly condemns any attempts to deceive students seeking financial aid.
“NELFUND takes the security and well-being of our students very seriously and is committed to providing accurate information and resources for financing their education,” he said.
Ayitogo has encouraged anyone impacted by the scam to immediately report it to the relevant authorities.
He noted that the official platform for submitting student loan applications, which will soon be available to the public, is www.nelf.gov.ng.
According to NAN, the NELFUND has stated that approximately 1.2 million Nigerian students from tertiary institutions and government-recognized skill acquisition centers will be among the initial group of recipients.
The Managing Director of NELFUND, Mr. Akintunde Sawyerr, stated on April 18 that the funds for the loan scheme come from one percent of the annual revenue collected by the Federal Inland Revenue Service.