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FUNAAB SUG Update: 2024/2025 NELFUND Loan Disbursement

FUNAAB SUG Update: 2024/2025 NELFUND Loan Disbursement; The Federal University of Agriculture, Abeokuta (FUNAAB) Students’ Union Government (SUG) is pleased to announce a major improvement in the NELFUND loan disbursement process for the 2024/2025 session.

Key Update: Students will no longer need to write letters to access their approved NELFUND loans. Funds will now be directly credited to students’ respective bank accounts, ensuring a faster and more efficient process.


Action Required for Students with Inactive Accounts

Students whose account details provided during the application process are inactive or incorrect are strongly advised to visit the Students’ Union Building (S.U.B) to update their information and avoid delays in receiving their loans.

Details for Assistance:

  • Date: Friday, 14th November 2025
  • Time: 1:00 PM – 4:00 PM
  • Location: S.U.B Congress Hall

Important: This will be the only opportunity to update account details before disbursement.


This update is part of FUNAAB SUG’s ongoing commitment to enhancing student welfare and ensuring timely and efficient access to financial support.

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