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Key takeaways
- If you’ve heard that you won’t have to pay back your NELFUND loan, it’s time to set the record straight.
- Here’s the real deal based on official guidelines: Key Facts About NELFUND Loan Repayment: - Repayment Starts After NYSC: You will begin repaying your loan two years after completing your NYSC or receiving your exemption.
- - Automatic Deductions for Salaried Employees: If you’re employed, 10% of your salary will be automatically deducted by your employer.
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