08/05/2026
NELFUND at Sa’adu Zungur University (SAZU): Your Essential Guide 💰
For students at Sa’adu Zungur University (formerly BASUG), the Nigerian Education Loan Fund (NELFUND) has become a vital financial lifeline. As of May 2026,there have been major breakthroughs in how this money is reaching your pockets.
Here is everything you need to know about the current disbursement and refund process.

As of May 2, 2026, the Students’ Representative Council (SRC) officially confirmed that NELFUND has commenced the disbursement of funds for the 2025/2026 academic session.
The Process: NELFUND sends a verified list of beneficiaries to the university.
The Outcome: Once the university's bursary department verifies this list against the school's ledger, the funds are cleared for use or refund.
2. The Refund Process: Getting Your Cash Back 💸
Many students paid their registration fees out of pocket while waiting for their loan approval. if you
are one of them, the university is now actively refunding that money to you.
Who is eligible? Any student who self-funded their 2025/2026 registration but was subsequently approved and funded by NELFUND.
How it works: The University Management announced on
May 5, 2026, that the approved requests have been released to the school. These amounts are being remitted directly to your bank account.
Important Timeline: If you see a notification of disbursement but don't receive your funds (or receive an incorrect amount) within 30 minutes, you are advised to contact the SRC President immediately.
3. Troubleshooting & Technical Issues 🛠️
If you haven't received your aid yet, it might be due to a synchronization error. Earlier this year, many students reported errors like "Invalid current academic session" or "Missing information."