ABU SRC update on NELFUND disbursement and refund process

Forum 3 weeks ago

ABU SRC update on NELFUND disbursement and refund process

The Students’ Representative Council (SRC) of Ahmadu Bello University has released an official update dated 16th March 2026, regarding the disbursement and refund process for the Nigerian Education Loan Fund (NELFUND) specifically targeting graduated students.

The SRC noted that while many graduated students have seen their NELFUND portal status updated to "Disbursed," a significant number of these payments have not yet been received by the university’s accounts. Following consultations with relevant university offices, it was confirmed that administrative delays between NELFUND and the institution are currently being addressed.

To ensure accuracy and fairness, the university is conducting a collective refund process rather than individual processing. Before any refunds are issued, the institution is performing the following three-step verification:

• Payment Identification: Confirming which specific student accounts have been successfully credited by NELFUND and which remain outstanding.

• Student Status Verification: Distinguishing between applicants who have officially graduated and those who are currently "extra-year" students.

• Fee History Audit: Verifying students who paid their fees out-of-pocket before applying for the loan versus those who waited for NELFUND to settle their balance.

NELFUND has indicated that some payments labeled as "Disbursed" are still in the final stages of completion. Consequently, the university has stated that refunds will not commence until all pending payments are received and the comprehensive verification process is finalized.

The SRC Public Relations Officer, Oladayo Amos, expressed that the council understands the concerns of affected graduates but emphasized that the high volume of records requires meticulous coordination. Graduates are advised to remain patient as the administration completes these essential procedures. The SRC has pledged to remain in constant engagement with the authorities and will provide further updates as new information becomes available.