LAUTECH (Ladoke Akintola University Of technologyhas begun refunding school fees to students after the disbursement of the NELFUND (Nigerian Education Loan Fund) loans. This follows a period where students had already paid their fees.
NELFUND Disbursement Timing:
- NELFUND funds were disbursed to LAUTECH, leading to a situation where students who had already paid their school fees are eligible for refunds.
Refund Process:
- LAUTECH is now processing refunds for students who paid their school fees prior to the disbursement of the NELFUND loan.
Student Concerns:
- Some students have raised concerns regarding inconsistencies in the loan disbursements, as well as the loan amounts compared to the fees they initially paid.
NELFUND Loan Purpose:
- NELFUND loans are specifically meant to cover school fees at the start of a new academic session, not for sessions that have already been paid for.
Student Data Submission:
- NELFUND has urged institutions to submit data for the 2024/2025 academic session promptly to ensure smooth loan processing.
Notification:– Students will be notified through the SUG (Student Union Government) and the school portal once the NELFUND school fee disbursements have been successfully completed.
Stay updated and monitor your school portal for further details
https://eportal.lautech.edu.ng/