Reps committee threatens sanctions over NELFUND guideline violations
The House of Representatives Committee on Student Loans, Scholarships and Higher Education Financing has threatened sanctions against tertiary institutions violating NELFUND guidelines. The committee said some institutions are withholding funds, delaying refunds and making partial refunds to students, and warned that deliberate non-compliance could lead to suspension, fund recovery or referral to law enforcement.
What the institution said
The House of Representatives Committee on Student Loans, Scholarships and Higher Education Financing threatened sanctions against tertiary institutions violating NELFUND guidelines.
“has threatened sanctions against tertiary institutions found to be violating the guidelines”
The committee raised concerns over beneficiary institutions withholding funds released by NELFUND for verified students.
“alleged cases of beneficiary institutions withholding funds released by NELFUND for verified students”
The committee raised concerns over institutions delaying refunds to students who had already paid tuition fees before disbursement.
“delaying refunds to students who had already paid their tuition fees before disbursement”
The committee raised concerns over institutions making only partial refunds to eligible beneficiaries.
“making only partial refunds to eligible beneficiaries”
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The statement was made available to PUNCH Online on Friday.
“In a statement made available to PUNCH Online on Friday”
The committee chairman is Ifeoluwa Ehindero.
“the committee chairman, Ifeoluwa Ehindero”
The committee directed beneficiary institutions to ensure NELFUND funds received on behalf of students are promptly and fully applied for the intended purpose, including appropriate refunds where applicable.
“All beneficiary institutions are hereby directed to ensure that NELFUND funds received on behalf of students are promptly and fully applied for the intended purpose, including appropriate refunds where applicable”
Institutions found to have deliberately failed to comply with the guidelines could face sanctions under Section 5.6 of the NELFUND Guidelines.
“could face sanctions under Section 5.6 of the NELFUND Guidelines”
The sanctions could include suspension of offending institutions from the scheme, recovery of funds and referral to relevant law enforcement and regulatory agencies.
“suspension of offending institutions from the scheme, recovery of funds and referral to relevant law enforcement and regulatory agencies”
The committee urged heads of beneficiary institutions to ensure their bursars, directors of information and communication technology, and NELFUND desk officers strictly adhere to the financial requirements guiding the management of the funds.
“their bursars, directors of information and communication technology, and NELFUND desk officers strictly adhere to the financial requirements”
All 10 facts in this piece were located word for word in the institution's own notice before it was published.
Read the original notice
Punch, educationPublished by the institution on Thu, 08 Oct 2026 19:53:30 +0000. We summarise and link; we do not reproduce their notice.
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