NELFUND Boss Cry Out Say School IT Wahala Dey Delay Student Loan Payment

The Managing Director of NELFUND don raise serious alarm say many schools for Nigeria no get strong IT system, and this thing dey slow down how student loan take dey reach students. According to am, the delay no be from government side alone, but from schools wey suppose process student data quickly.

E explain say most institutions still dey use outdated systems, some even dey depend on manual records, wey dey make verification process slow and full of errors. This kain system dey make am hard for NELFUND to confirm who qualify before money fit land.

Students don begin complain say dem don apply long time but dem never see alert. Some say dem don lose hope, while others dey fear say the whole loan scheme go turn story if nothing change urgently.

Student Loan Delay: Schools Blamed as Poor Digital System Scatter Process

NELFUND MD don point finger at Nigerian schools, say their weak digital infrastructure na major reason why student loan disbursement no dey fast. E talk say even when funds dey ready, the system to push am go students no dey efficient.

He add say proper data management na key to make the scheme work well, but many schools no get organized student database. This issue dey cause mismatch of records, delay verification, and sometimes total confusion for applicants.

Education stakeholders don join voice say government need invest more for school technology. Dem believe say if schools upgrade their IT systems, students go begin receive their loans faster without unnecessary stress.

Upgrade Una System!” — NELFUND Urges Schools as Loan Process Dey Drag

As complaints from students dey increase, NELFUND don advise schools to quickly upgrade their IT systems make loan processing fit smooth. The MD stress say without modern digital tools, the whole process go continue to dey slow.

He mention say automation and proper student data storage go reduce errors and speed up verification. According to am, this na important step if Nigeria wan make student loan scheme succeed and help more young people.

Meanwhile, students and parents dey call on both government and school authorities to act fast. Dem say education don already cost plenty, and any delay for loan support dey put more pressure on families wey already dey struggle.