Applicants for loans from the Students Loan Trust Fund (SLTF) should expect their loans within two weeks of submission of completed application form.
This is however on condition that, the loan application form has been properly completed and all relevant supporting documents attached to the application. The Operations department has established a fast track loan processing machinery that ensures that students receive their loans in good time.
Borrowers of the Students Loan Trust Fund are advised to change their SSNIT reference numbers to substantive SSNIT numbers in order to receive their second year loans.
To expedite loan processing, SLTF allows students to use SSNIT reference numbers to apply for a loan the first time round.
However, to continue to receive the loan after the first year, applicants who used SSNIT reference numbers for their applications MUST change to substantive SSNIT numbers.
All students in second year and above who received loan disbursement in the previous year but have not been paid in the current academic year should ensure that they have completed and submitted a reference number amendment form to their zonal/campus offices.
Keep on sharing for those that couldn’t change their reference number to the SSNIT ID number for them to change them.
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