How To Apply For FG Student Loan, Requirements(Click Portal Link Here…)

Why Accessing Tinubu's Student Loan May Be Difficult

The rising cost of education can be a significant hurdle for Nigerian students pursuing postsecondary education. Fortunately, the Federal Government FG Student Loan program aims to bridge this gap by offering financial support to qualified students. This guide provides a comprehensive overview of the program, outlining eligibility requirements, application procedures, and repayment details.


To be considered for a Federal Government Student Loan, you must meet the following criteria:

  • Enrollment: You must be admitted to a recognized public Nigerian university, polytechnic, college of education, or technical and vocational education and training (TVET) institution.
  • Financial Need: Though the 2024 Student Loan Act removed the family income threshold, previous loan defaults by parents or yourself can disqualify you.
  • Academic Integrity: A history of exam malpractice, felony, or drug offenses will render you ineligible.
  • Guarantors: While the guarantor requirement was removed in the 2024 revision, previous versions may still be reflected in some resources. It’s best to check the official NELFUND website ( for the latest updates.

Required Documents for FG Student Loan

Prepare the following documents for submission to your institution’s Student Affairs Office:

  • Completed application form (available online at
  • Admission letter copy
  • JAMB result slip copy
  • WAEC/NECO result certificate copy
  • Birth certificate copy
  • Passport photograph

FG Student Loan Application Process:

  1. Access the Loan Application Portal: Visit the Nigerian Education Loan Fund (NELFUND) website at and navigate to the student loan application portal.
  2. Create or Login to Your Account: If you’re a new user, create an account. Returning users can log in with existing credentials.
  3. Complete the Online Application: Fill out the application form accurately and comprehensively.
  4. Upload Required Documents: Ensure all necessary documents are scanned and uploaded as per the website’s instructions.
  5. Submit Your Application: Carefully review your application before final submission.

Selection and Disbursement:

The Student Affairs Office will review your application and forward it, along with a recommendation, to NELFUND. The final decision regarding loan approval rests with NELFUND.

If approved, the loan amount will be disbursed directly to your institution, which will then credit it to your designated account.


The Student Loan Act mandates loan repayment over a ten-year period following the completion of your studies. The government offers two repayment methods:

  • Salaried Borrowers: Employers will be required to deduct 10% of your monthly salary and forward it to NELFUND.
  • Self-Employed Borrowers: Self-employed individuals are responsible for setting aside 10% of their monthly profits and remitting them to NELFUND. The Educational Bank will collaborate with employers and self-employed individuals to ensure timely deductions and repayments.

Consequences of Default:

The Student Loan Act imposes strict penalties for non-repayment. Offenses may result in:

  • Imprisonment: Defaulters may face up to two years of imprisonment.
  • Fines: A fine of N500,000 (approximately $650) may be levied.


The Federal Government Student Loan program offers a valuable resource for Nigerian students seeking financial assistance to pursue higher education. Understanding the eligibility criteria, application process, and repayment terms is crucial for informed decision-making. By utilizing this program effectively, students can bridge the financial gap and achieve their academic goals.

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