The Nigeria Education Loan Fund (NELFUND) has noted that its Student Loan Application System SLAS has now been fully digitised to streamline and accelerate the student loan processing experience for institutions and applicants.
According to a statement by its Director of Corporate Communications, Oseyemi Oluwatuyi With this upgrade, all accredited institutions are now required to request access to (SLAS) to verify and upload student data related to loan applications as it is a critical step that ensures the timely processing and disbursement of approved student loans.
The Fund also urged all institutions to take immediate action in the interest of their students, as verification and data upload by the institutions are mandatory steps before final approval and disbursement can be completed.