LASU’s Bursar’s Office has instructed students who received NELFUND loans in 2025 (for the 2023/2024 session) but had already paid their fees to apply for a refund. This process ensures the proper transfer of funds back to the students.
Refund Procedures
The NELFUND program aims to help Nigerian students with tuition costs. If a student paid fees for the 2023/2024 session before the loan arrived, the university must refund the extra money. This refund process is necessary for auditing and government financial regulations.
Submission Details and Location
All eligible students must submit a formal written request letter. The university has designated a specific administrative unit to handle these sensitive financial reconciliations:
Office of Delivery: Office of the Senior Deputy Bursar, Faculties and Schools Unit.
Physical Address: 4th Floor, Babatunde Raji Fashola Senate Building, LASU Main Campus, Ojo.
Submission Format: Hard copies only.Electronic submissions (email or portal uploads) are strictly prohibited for this specific exercise to ensure the authenticity of attached receipts and signatures.
Documentation Requirements
The “Refund Request Letter” must be professionally drafted and include the following core identifiers to prevent payment misdirection:
Full Name (As it appears on the university portal and NELFUND application).
Matriculation Number.
Bank Account Details (Ensure the account name matches the student name to avoid bank reversals).
4.
Phone Number.
Mandatory Attachments:
In addition to the letter, students must provide physical evidence of their prior payment and their NELFUND status:
i. School Fees Payment Receipt:Specifically for the 2024/2025 session, provided the payment was made before September 2025.
ii. NELFUND Disbursement Confirmation Slip: This is the document generated from the NELFUND portal confirming that your loan was successful and sent to LASU.
Critical Deadlines and Compliance
The university has set a very tight window for this exercise to ensure that all refunds are processed before the conclusion of the current financial quarter.
Deadline for Submission: Friday, 13th February 2026.
Consequence of Non-Compliance:Students who fail to submit their hard-copy applications by this date risk significant delays in their refund processing. The university’s accounts department must reconcile these funds collectively; therefore, late individual applications create administrative bottlenecks that may lead to the suspension of the refund window for the session.
Strategic Guide for Students
Given the importance of this refund, students are advised to:
Verify Account Details: Double-check that the NUBAN account number provided is active and capable of receiving the specific loan amount.
Duplicate Your Records: Before submitting your hard copy to the 4th Floor of the Senate Building, ensure you have a photocopied set for your own records, preferably stamped “Received” by the Bursary office upon submission.
Address Accuracy: Ensure the letter is addressed correctly to the Senior Deputy Bursar (Faculties and Schools) to avoid the file being misrouted within the Senate Building.
The Lagos State University remains committed to the welfare of its students and the transparent management of all federal and state interventions.
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