- The post was in response to some of the “frequently asked” questions by the prospective applicants.
The Nigerian government says unscrupulous persons with questionable past, criminal records and shady antecedent will be excluded from the federal government’s student loan scheme. Education Loan Fund (NELFUND).
In a post on X on Friday, the administrator of the student loan scheme disclosed that convicted certificate forgers, drug offenders, and cultists, amongst others, are not eligible for the loan.
The post was in response to some of the “frequently asked” questions by the prospective applicants.
NELFUND said applications by citizens “convicted of fraud and forgery, drug offences, cultism, felony, or any offences involving dishonesty” would not be accepted.
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.”
DAILY POST reports that NELFUND opened the application portal on Friday for the first phase of the student loan scheme, which is open to students from federal institutions across the country