The Higher Education Students’ Loans Board (HESLB) is a body corporate established under Act No.9 of 2004 (as amended in 2007, 2014 and 2016) with the objective of assisting needy and eligible Tanzania students to access loans and grants for higher education. The main mandates of HESLB include:
- To assist, on a loan basis, needy students who secure admission in accredited higher learning institutions, but who have no economic power to pay for the costs of their education
- To collect due loans from loan beneficiaries and use it as revolving fund to sustain operations of the Board
- To create synergies through establishing strategic partnerships in student financing ecosystem
HESLB Loan Guidelines for 2024/2025 launched
“The online loan application window will be open for 90 days from June 1st to August 31st, 2024 to give loan applicants sufficient time to prepare and apply timely,” clarified Dr. Kiwia and advised loan applicants, internet café operators and the general public to consider reading and internilising the guidelines before embarking on actual application.
“In the financial year 2024/2025, the Government has set aside TZS 787 billion which will be allocated to 252,245 eligible needy students who will pursue degree and diploma programmes in various Higher Education Institutions”, said Dr. Kiwia.
Speaking at the sidelines of the launching ceremony, HESLB Executive Director, Dr. Bill Kiwia confirmed readiness of the HESLB in managing loans application saying the launched guidelines and popular versions will be available on HESLB and MoEST websites (www.heslb.go.tz and www.moe.go.tz) from tomorrow (Tuesday, May 28th, 2024) for public to access before online application window is opened.
Click here to download Diploma Application Guideline for 2024 – 2025
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