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Nigeria Students Loan Registration Form/Requirements

where to get student loan in nigeria
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Study Loan in Nigeria, Apply for Nigeria Students Loan Registration Form 2023/2024 president Bola Ahmed Tinubu has signed student loan into law for all tertiary institution students to apply for the Nigerian Student loan. See requirements/eligibility for Nigeria Students Loan Application Form.

Do you wish to know if you are eligible to apply for Students Loan in Nigeria as a student? Are you searching requirements for Nigeria Students Loan Registration Form? Are you looking for link portal to apply/register for Nigeria Students Loan? This article is especially for you.

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Guidelines to Assist You Get Nigerian Students Loan

  1. Research and understand different loan options.
  2. Determine your eligibility
  3. Gather the required documentation
  4. Go to your bank to request for the student loan application form
  5. Fill out the form
  6. Submit the form to your bank
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Requirements for Students Loan in Nigeria Registration Form

  1. Candidate means of Identification such as National identity card or International Passport, etc
  2. Candidate Proof of Admission from an accredited institution in Nigeria
  3. Candidate Transcripts or academic certificates – if required
  4. Applicant Proof of income (e.g. parent’s or guardian’s income bank statements)
  5. Candidate Contact details and personal information of the guarantor(s)
  6. Candidate Recent passport-sized photographs
  7. Candidate Completed application form(s) provided by the loan provider
  8. Any additional documentation specified by the loan provider (e.g..reference letters, essay, letter of recommendation)

Who can Apply for Nigerian Government Students Loan?

The loan is available for Nigerian student seeking admission to an institution of higher learning provided they meet application form criteria. The bill states that there will be no discrimination based on gender, religion, tribe, position or disability of any kind.

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Criteria include:

  • You must of have secured admission into a federal or state university, polytechnic, college of education or vocational school.
  • Your income or your family’s income must be less than ₦500,000 ($1,000) per annum or ₦42,000 ($88) per month.
  • You must provide two guarantors that are either:
    • A civil servant of at least level 12. Since bachelor’s holders typically start Nigerian civil service at Grade 8 or 9, this would put the guarantor at a mid-level position.
    • A lawyer with, at least, 10 years of post-call experience
    • Judicial officer
    • Justice of peace.

Steps to Apply for Nigeria Students Loan as a Student 

Applicants would have to submit the applications through their respective banks to the chairman of the Committee tasked with disbursing the student loan fund.

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