STUDENTS LOANS (ACCESS TO HIGHER EDUCATION) ACT 2024 COMPLIANT

The Private, Data-Free
Student Loan Companion.

Everything Nigerian scholars need to verify statutory loan criteria, simulate 10% statutory salary repayment, and understand the 2024 Act.

Zero Personal Data Collected

100% Offline Simulation

No BVN or NIN Required

My NELFund Program Overview & Legal Pillars

Statutory Overview

Dashboard & Act 2024

My NELFund Eligibility Qualification Guide

Eligibility Verification

Admission & KYC Checklist

My NELFund 10% Statutory Repayment Calculator

Repayment Simulation

10% Statutory Deduction

Official Guide

Statutory FAQ & Refund

Native physical captures from iOS • Borderless presentation • 100% Private • Zero data collected

Statutory Foundation

The Three Pillars of the 2024 Act

Enacted by the National Assembly and signed into law to eliminate financial barriers for tertiary students across Nigeria.

0% Zero Interest

No commercial interest or compound charges. Under Section 3.1 of the 2024 Act, students repay only the exact statutory principal disbursed to their institution and account.

Section 3.1 • Zero Charges

Direct Tuition Delivery

100% of approved institutional fees are transferred directly to verified federal, state, and vocational tertiary institutions per academic session, eliminating diversion.

Section 4.1.1 • Direct Settlement

₦20,000 Upkeep Stipend

Statutory monthly upkeep allowances credited straight into the student's verified bank account every single month to cover living essentials, books, and food.

Section 4.2 • Living Allowance

Native Mobile App Features

Built for Precision, Privacy, and Ease

Download the native mobile app on your device to access the full suite of statutory simulators, eligibility checkers, and offline guides.

3-Step Statutory Eligibility Evaluation

A comprehensive diagnostic tool that evaluates your academic stream (UTME / Direct Entry / Returning Scholar), KYC documentation, and legal disqualification bars before you apply on the official portal.

Instant feedback on statutory qualifying criteria
Highlights missing KYC or statutory disqualification causes

10% Statutory Repayment Simulator

Simulate your post-graduation payroll deductions based strictly on the 10% statutory salary mandate. Configured with the ₦70,000.00 National Minimum Wage preset and 2-year post-NYSC moratorium.

Employed & Self-Employed (10% profit) deduction models
Accurate amortization and debt-free date projections

Official Statutory FAQ & Guidelines

Clear, authoritative legal answers directly indexed to the 2024 Act, including the 30-Day Institutional Refund Rule (Sec. 4.1.2) and Global Standing Instruction (GSI) mandate.

Instant keyword search across all legal topics
Direct statutory citations to official federal law

100% Offline & Private Security

No registration, no accounts, and no data tracking. The app does not collect your name, phone number, BVN, NIN, or financial records. All computation runs purely in local memory.

No telemetry or tracking SDKs
Guaranteed NDPA 2023 & NDPR privacy compliance

Developer & Builder

An Independent Civic Initiative

Created to empower students across Nigeria with transparent statutory information, financial literacy, and accessible digital tools.

About Developer & Builder Student Leadership & Civic Tech

Abdullahi Adam Usman

Founder, Anjal Ventures

My NELFund is an independent civic initiative developed and built to assist Nigerian scholars in understanding their statutory entitlements, debt-free timelines, and compliance rules under the 2024 Act.

300 Level Student of International Studies.

Ahmadu Bello University (ABU), Zaria.

Damaturu, Yobe State, Nigeria.

Call: 08164135836 WhatsApp: 09076872520 anjalventures.com

Official Clarification & Civic Disclaimer: This application and website are not from NELFUND (Nigerian Education Loan Fund) or the Federal Government of Nigeria. It was developed as an independent civic guide created solely for student education, awareness, and financial empowerment under the Students Loans (Access to Higher Education) (Repeal and Re-enactment) Act 2024. For official loan applications, verify your status on the official portal at nelf.gov.ng.

The Private, Data-Free Student Loan Companion.