NELFUND LAUNCHING JOB PORTAL TO BOOST GRADUATE OPPORTUNITIES
NELFUND isn’t just lending—it’s building a pathway to jobs and financial stability for Nigerian students, with a new job portal launching in 2026!
To mark a year since launch, NELFUND’s MD, Akintunde Sawyerr, announced that while the agency can’t guarantee jobs, a centralised portal will soon help beneficiaries access employment opportunities in Nigeria and abroad. Listings will come from both the public and private sectors, and international employers interested in hiring Nigerians.
Pay When You Earn: Loan repayment starts only after students land a job post-NYSC. No job, no payment required.
Repayment Details: Once hired, 10% of the monthly income is deducted by the employer and sent to NELFUND. If a beneficiary becomes unemployed, deductions pause; if they pass away, the debt is canceled and no family is harassed.
Fee Refunds: Schools are urged to refund any fees students already paid before NELFUND disbursed monies—institutions flouting this may face probes from ICPC and EFCC.
Expanding Access: With 3.2 million student records already, NELFUND aims to support up to one million new applications by the end of 2025, making sure financial hardship doesn’t force any student to drop out.
#NELFUND #StudentLoans #JobsForGraduates #NigeriaEducation #EmpoweringStudents #EducationFunding #NoDropouts #FutureReady
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