Fast Credit scholarship for Nigerian students requirements and benefits
The Fast Credit scholarship for Nigerian students is a financial grant designed to support high-achieving students in pursuing their academic goals. To be eligible, candidates must be Nigerian nationals, have attained a 3.7 CGPA, be enrolled in an accredited institution, and have a Fast Credit account.
Source: UGC
TABLE OF CONTENTS
Key takeaways
- The Fast Credit scholarship program was launched in 2024 as a legacy project commemorating the company's 10th anniversary.
- The credit scholarship awards 40 students selected from all 36 states.
- Each successful student receives ₦250,000.
- All applicants must be Nigerian citizens enrolled in a Nigerian university.
- The students' parents must have a Fast Credit account.
Fast Credit scholarship for Nigerian students
Fast Credit Finance Company Limited launched a scholarship program on the occasion of its 10th anniversary in 2024. The program gives financial aid to deserving students, enabling them to attend the best universities, polytechnics, and colleges in Nigeria. Fast Credit scholarship awards ₦250,000 to 40 selected students from all 36 states.
Fast Credit scholarship for Nigerian students requirements
Source: UGC
To qualify for the Fast Credit scholarship program, potential students must meet the requirements. Below are the requirements for joining the program.
- Applicants must be Nigerian citizens. The program aims to support local students only.
- Students must be enrolled full-time in an accredited Nigerian institution of higher learning, including universities, polytechnics, or colleges.
- Potential students are required to have a minimum Cumulative Grade Point Average (CGPA) of 3.7 on a 5.0 scale. Applicants must submit official transcripts or JAMB score results to prove they have attained the threshold.
- Applicants must open a Fast Credit Account before or during the application process. This can be easily done via the Fast Credit app or website, using the Bank Validation Number and bank details. This links the scholarship to financial services and enables disbursements.
- Every applicant should have a valid personal email account and phone number.
- The application must be sent and received on or before the specified deadline through the scholarship portal.
Fast Credit scholarship for Nigerian students application procedure
Source: UGC
Applications for the scholarship are made online. The Fast Credit scholarship for Nigerian students application form can be accessed on the scholarship portal hosted on the official website. Below is a step-by-step guide on how to access and fill out the form.
- Visit the scholar's official website and navigate to the "Scholarship" section.
- While there, click on the "Apply Now" tab.
- The form is divided into steps, starting with personal data entry.
- Complete sections on personal details, educational background, and parental information, and upload the necessary scanned PDF documents to support the information. Some of the required documents include last semester's results, admission letter, personal statement, and student ID.
- Ensure that your name on all documents matches. Upload an affidavit or certificate if your name does not match the one on all the documents uploaded.
- Review all the uploaded information and documents to ensure they are clear and accurate.
- Upload a passport photograph with a white background.
- Apply by clicking "Submit".
- Wait to see if you have been shortlisted and receive further communication.
What are the benefits of the Fast Credit scholarship for Nigerian students?
Source: UGC
Like any fully funded scholarship program, the Fast Credit scholarship has benefited many Nigerian students. Here is a look at some of the benefits the program offers communities.
- The program reduces the burden of tuition and living expenses for families.
- The scholarship rewards students who maintain high academic standards.
- The awarded students gain mentorship and networking opportunities within the credit world.
- The Fast Credit scholarship is an opportunity to reward its loyal customers.
What is the Fast Credit Scholarship for Nigerian Students 2026 deadline?
As of January 2026, the Fast Credit scholarship application for Nigerian students has not yet been announced. The 2025 applications closed in September 2025. Interested students should regularly check the official portal to stay informed about when the 2026 window opens.
Bright Nigerian undergraduate students can apply for the Fast Credit Scholarship and turn their academic excellence into reality. With strict requirements met, they can unlock ₦250,000 in funding and financial perks.
DISCLAIMER: This article is not sponsored by any third party. It is intended for general informational purposes only and does not address individual circumstances. It is not a substitute for professional advice or help and should not be relied on to make decisions of any kind. Any action you take upon the information presented in this article is strictly at your own risk and responsibility!
Legit.ng published an article about the 2026 PTDF Scholarship. The PTDF Scholarship enables Nigerian students seeking to advance their careers in the energy, oil, and gas fields. To be eligible, students must have academic records, complete a relevant course, fulfil the NYSC requirement when applicable, and provide proof of their Nigerian citizenship.
The PTDF Scholarship offers a straightforward application process through its online platform. Qualified and ambitious students can apply for an opportunity to fulfil their dream career.
Proofreading by Kola Muhammed, copy editor at Legit.ng.
Source: Legit.ng
