My NELFund

Anjal Developers

About this app

My NELFund is an independent civic utility and reference companion designed to help Nigerian tertiary students understand statutory loan guidelines, simulate repayments, and navigate the application process established under the Student Loans (Access to Higher Education) (Repeal and Re-Enactment) Act 2024.

KEY FEATURES:

• Statutory Eligibility Checker: Review mandatory qualifying criteria, required documentation (JAMB, NIN, BVN, admission status), and disqualifying statutory conditions in a clear, checklist format.

• 10% Salary Repayment Calculator: Accurately estimate monthly deductions based on the 10% statutory salary repayment formula under the National Minimum Wage Act 2024 (₦70,000 baseline).

• Statutory 30-Day SLA Timeline Tracker: Track official statutory milestones—from institutional verification to disbursement—skipping weekends and public holidays according to Section 18(3) of the Act.

• Application Roadmap & FAQs: Step-by-step guidance on account setup, institutional clearance, and verified support channels.

PRIVACY & DATA SAFETY:
• 100% Offline Computation: All calculations occur entirely on your device.
• Zero Data Collection: My NELFund does not collect, store, or transmit your personal financial or identification data.

IMPORTANT DISCLAIMER:
My NELFund is an independent educational and reference tool developed by Anjal Ventures. It is not affiliated with, authorized, endorsed by, or operated by the Nigerian Education Loan Fund (NELFUND), the Federal Ministry of Education, or the Federal Government of Nigeria. All statutory references derive from the publicly enacted Student Loans (Access to Higher Education) (Repeal and Re-Enactment) Act 2024. For official portal submissions, visit the statutory website at www.nelf.gov.ng.

What’s new

Pioneer Release.