Key takeaways
- The Nigerian Education Loan Fund (NELFUND) has officially clarified that the approved monthly upkeep allowance for students is N20,000, not the N25,000 figure circulating in some reports.
- The clarification was issued in a notice on Monday, 30 March 2026, urging students to disregard any conflicting information.
- Official Statement from NELFUND According to the fund, the approved upkeep allowance remains fixed at N20,000 per month .
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