NELFUND debunks fake upkeep suspension notice
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- The Nigerian Education Loan Fund (NELFUND) has debunked a fake social media notice claiming the suspension of upkeep allowances for the 2025/2026 academic session.
- NELFUND stated that the document did not originate from them and urged the public to disregard the misinformation.
- The fund confirmed that disbursements for student loans and upkeep allowances are ongoing and reaffirmed its commitment to transparency and timely payments.
The Nigerian Education Loan Fund (NELFUND) has issued a strong denial regarding a circulating social media document falsely announcing the suspension of upkeep allowances for the upcoming 2025/2026 academic session. The fund has clarified that the notice, dated July 10, is fraudulent and does not represent any official communication from NELFUND.
The document is fake and should be disregarded.
Mrs. Oseyemi Oluwatuyi, Director of Strategic Communications at NELFUND, described the document as fake and urged beneficiaries, parents, and the general public to disregard the misinformation. She emphasized the importance of relying solely on NELFUND's official communication channels for accurate updates on the Student Loan Scheme. Oluwatuyi explicitly stated that neither the federal government nor NELFUND has approved or announced any suspension of these allowances.
The fraudulent notice had also falsely claimed that funds for May, June, and subsequent months had not been released, suggesting a temporary suspension pending allocation receipts. NELFUND, however, reaffirmed that the disbursement of student loans and upkeep allowances continues as mandated, providing crucial financial support to eligible students in public tertiary institutions across the nation.
Neither the federal government nor NELFUND has approved or announced the suspension of upkeep allowance payments to eligible beneficiaries.
Oluwatuyi warned about the increasing use of fabricated publications and AI-generated content to spread misinformation and undermine public trust. She advised all stakeholders to verify information related to the student loan scheme through official NELFUND channels before sharing it. The fund reiterated its dedication to transparency and accountability, assuring eligible beneficiaries that tuition and upkeep disbursements will proceed according to established guidelines.
Fabricated publications and AI-generated content were increasingly being used to spread misinformation and erode public trust.
DistantNews Editorial
Originally published by Vanguard. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.
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