ENUGU, Nigeria (VOICE OF NAIJA)- Officials of the Nigerian Education Loan Fund (NELFUND), have announced that convicted certificate forgers, drug offenders, and cultists will not be eligible for the loan scheme.
This was disclosed by the administrator of the student loan scheme, in its “frequently asked” questions, which were posted on its official X handle on Friday.
NELFUND explained that applications by citizens “convicted of fraud and forgery, drug offences, cultism, felony, or any offences involving dishonesty” would be rejected.
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Also, others whose application would be rejected include anyone “proven to have defaulted in respect of any previous loan granted” by any licensed financial institution and anyone “found guilty of submitting fake/fraudulent documents and dismissed for exam malpractices by any school authority.”
On Friday, NELFUND opened the application portal for the first phase of the student loan scheme, which is open to students from federal institutions across the country.