The Nigerian Education Loan Fund (NELFUND) has officially addressed the widespread rumors regarding a potential increase in monthly stipends. Specifically, in a statement released on Monday, March 30, 2026, the Fund’s Director of Strategic Communications, Mrs. Oseyemi Oluwatuyi, confirmed that the student upkeep allowance remains ₦20,000. While viral social media reports recently suggested a hike to ₦25,000, NELFUND has labeled these claims as “inaccurate” and urged all beneficiaries to rely only on official communication channels.
Why the Student Upkeep Allowance Remains ₦20,000
Misinformation regarding a stipend increase spread rapidly across student groups last week. Consequently, many applicants expected a higher credit in their March 2026 disbursements. To prevent further confusion, NELFUND clarified that the current budget supports the ₦20,000 rate for over 1.5 million students nationwide. Furthermore, the agency explained that this student upkeep allowance is designed to provide consistent, sustainable support throughout the academic session. Therefore, students should disregard any unverified reports of a ₦5,000 increase.
How to Secure Your Student Upkeep Allowance
To ensure you receive your student upkeep allowance without any technical delays, you must follow the correct application steps. For instance, many students fail to receive payments because they do not check the “Upkeep Loan” box during their online application. Because the Fund ties disbursements strictly to your institution’s academic calendar, your payments will pause automatically once a semester ends. Most importantly, you must ensure your NIN, BVN, and JAMB registration numbers match perfectly to avoid “Pending” status on your dashboard.
Stay Ahead of the News:
While NELFUND provides the financial support you need, DTW Tutorials provides the academic edge to succeed. Don’t let registration errors or missing stipends distract you from your studies. Download the DTW JAMB CBT App today to practice with over 20,000 past questions and secure your high score for the 2026/2027 session
Join DTW Tutorials
Join DTW Tutorials Groups on Facebook, Telegram, and WhatsApp for instant academic updates across Nigeria.
- WhatsApp Channel: https://whatsapp.com/channel/0029VaAWvTmDDmFT9o25dV3u
- Telegram Channel: https://t.me/dtwtutorials1
- Facebook Group: https://web.facebook.com/groups/dtwtutorialsgroup/
Stay connected and informed with DTW’s academic community today.
DTW EDUCATIONAL SERVICES
Visit our website — https://www.dtwedustore.com — to purchase:
- WAEC, NECO, GCE, and NABTEB Results Checker Scratch Cards
- Textbooks, E-books, and other educational materials
Contact us on WhatsApp: https://wa.me/+2348038732879
You can depend on DTW Tutorials to deliver on all your educational needs.
Our Services Include
- Online Classes: JAMB, WAEC, BECE, and NCEE (Group and One-on-One Private Classes)
- DTW Digital Exam CBT App: JAMB, WAEC, BECE, and NCEE Past Questions
- Results Checker Cards: WAEC, NECO, NABTEB
- Original Certificates Processing: WAEC, NECO, WAEC GCE
- Birth Certificate and Local Government Certificate Processing
- Exam Number Retrieval: WAEC, NECO, WAEC GCE
- Exam Registration: WAEC GCE and NECO GCE
- JAMB Services:
- Form E-PIN
- Profile Code Retrieval
- Original Results Printing
- Admission Letter Printing
- Admission Status Checking
- e-Facility Login Recovery (for email or password issues)
- Post-UTME Registration
We provide authentic and exceptional services you can trust.
DTW TUTORIALS STUDY RESOURCES
Explore top-quality free and premium resources to help you excel in your exams:
- The Best JAMB CBT Practice App by DTW Tutorials
- DTW Online JAMB 2026 Classes — Your Ultimate Path to Success
- JAMB 2025 Syllabus — Free Download
- 30 Days JAMB Syllabus Challenge Timetable
- JAMB Recommended Textbooks for All Subjects
- The Lekki Headmaster JAMB 2025 Novel (Summary, Questions, and Answers – PDF Download)
- WAEC WASSCE 2025 Syllabus — Free Download
- 135 Physics Formula Sheet by DTW Tutorials
DTW Tutorials — Inspiring Excellence, Building Success.
No Comments