FUNAABSU Issues School Fees Update, Says NELFUND Disbursement Not Expected Until 2027

The Students’ Union Government (SUG) of the Federal University of Agriculture, Abeokuta (FUNAAB), has announced the approval of a 60/40 school fees payment plan, allowing students to pay 60% of their fees initially and the remaining 40% subsequently. The announcement was contained in an official update released on Tuesday, October 20, 2026, following engagements between the Students’ Union Government and the University Management. According to the notice, the payment arrangement will soon be integrated into the university’s school fees portal, and students will be notified when it becomes available. The SUG also clarified that students who fail to pay the outstanding 40% will not be permitted to sit for their second semester examinations. Students have therefore been advised to plan their finances accordingly. On the Nigerian Education Loan Fund (NELFUND), the Union urged applicants not to depend on early disbursement to settle their school fees, stating that disbursement is not expected until next year. Students who are yet to pay their fees were encouraged to explore alternative financial arrangements. The Union reaffirmed its commitment to keeping students informed about developments affecting their academic activities and welfare.