BSU SUG gives update on NELFUND Disbursement

The Students’ Union wishes to inform all students, particularly those who are yet to receive their NELFUND disbursement, that the payment process is currently underway.

Following a meeting between the Students’ Union leadership and the University Bursar, it was agreed that students who are yet to receive their funds must be paid accordingly, even though the management is currently addressing issues relating to double disbursement made to some students. It is important to emphasize that the NELFUND support is a loan facility which beneficiaries are expected to repay in the future, and therefore every eligible student must receive their rightful disbursement.

Furthermore, the delay in the reflection of funds in the students’ e-wallets is partly due to the introduction of a new icon that will be added to the student portal. This improvement is intended to simplify and reduce the stress associated with students requesting refunds and accessing their financial information through the portal.

The Students’ Union also wishes to clarify that the ₦20,000 monthly upkeep stipend provided under the NELFUND scheme is disbursed directly from NELFUND to the students, and it is not controlled or processed by the school management.

The Students’ Union leadership is actively engaging the relevant authorities to ensure that all outstanding issues are resolved as quickly as possible.

We therefore urge all students to remain calm, patient, and cooperative, as they have always been, while the process is being finalized.

Thank you for your understanding.