Akwa Ibom State Polytechnic (AKWAPOLY): Lifting of NELFUND Embargo and Refund Process

The Student Affairs Unit of Akwa Ibom State Polytechnic, Ikot Osurua, has announced a major breakthrough regarding the Nigerian Education Loan Fund (NELFUND) disbursement. Following a period of investigation and a temporary embargo, the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has officially cleared the institution, paving the way for the release of funds to beneficiaries for the 2023, 2024, and 2025 academic sessions.

This update follows recent student agitations and dialogue between the Students' Union Government (SUG) and the ICPC. With the embargo lifted, the university is now moving to process refunds for students who had already paid their institutional charges out-of-pocket while awaiting the loan approval.

Action Required: Submission of Beneficiary Details
To facilitate the quick processing of these refunds, all affected students must provide their updated records to the NELFUND Desk Office. You may choose to either visit the Students' Affairs Unit in person or send the required information via text message to the official help desk line: 08061158757.

Required Information:

Full Name and Registration Number: Ensure your name matches your NELFUND application.

Valid Account Details: The bank account where the refund should be credited.

Phone Number: The specific mobile number used during your initial loan application.

Important Deadlines and Compliance
The Deputy Registrar (Students' Affairs) and NELFUND Desk Officer, Ibanga Nathaniel, has set a strict deadline for this data collection exercise. Students are expected to comply on or before Monday, 30th March, 2026.

Prompt submission of these details is critical. The institution is working with the Bursary to ensure that once the NELFUND credit is verified against the student's ledger, the corresponding refund of institutional charges is processed without further delay.

Official Oversight and Verification
The lifting of the ICPC embargo is a testament to the institution's commitment to transparency in the administration of the student loan scheme. The NELFUND process at Akwa Ibom State Poly is being closely monitored by the Acting Rector and the Bursar to ensure that every kobo intended for student welfare is accurately accounted for and disbursed to the rightful beneficiaries.

Affected students who encounter difficulties with the text message submission or have changed their phone numbers since the application are strongly advised to visit the Students' Affairs Unit physically for manual verification before the March 30 deadline.