The Nigerian Education Loan Fund (NELFUND) has debunked reports about a hike in students upkeep allowance.
NELFUND said the report making the rounds on the matter was nothing but misinformation.
For clarity, the approved upkeep allowance remains ₦20,000 (Twenty Thousand Naira) monthly, and not ₦25,000 as being reported.
Students are advised to disregard any contrary information and rely only on official NELFUND communication channels for accurate updates.
The Fund appreciates the continued cooperation of students and remains committed to delivering transparent, efficient, and student-focused support nationwide.





