HESLB | Mwongozo Na Vigezo Vya Kuomba Mkopo Wa Elimu Ya Juu HESLB 2023/2024
HESLB | Mwongozo Na Vigezo Kwa Utoaji Wa Mikopo Bodi Ya Mikopo HESLB 2023/2024 | Mambo muhimu ya kuzingatia kwa waombaji mkopo | HESLB mwongozo wa utoaji mikopo | Vigezo vya Kuomba mkopo wa Elimu ya juu | Guidelines And Criteria
Guidelines And Criteria For Issuance Of Students’ Loans And Grants For Academic Year 2023/2024
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
Aimeddue 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
IMPORTANT INSTRUCTIONS TO ALL LOAN APPLICANTS
All loan applicants for Academic Year 2023/2024 are required to observe the following:-
(i) Read and follow application procedures stated in these Guidelines;
(ii) Ensure that the Form Four Index Number provided when applying for loan matches with the one used in your application for admission to University or College;
(iii) Applicants who sat for Form Four Examination more than once are required to list all Form Four Index Numbers;
(iv) All documents submitted to support application should be certified by relevant authorities as specified in these Guidelines;
(v) Ensure that all birth/death certificates are certified by the Registration, Insolvency and Trusteeship Agency (RITA), or Zanzibar Civil Status Registration Agency (ZCSRA) to ascertain their validity;
(vi) Applicants born abroad should obtain a letter from RITA or ZCSRA to validate birth information.
HESL | Mwongozo Na Vigezo Vya Kuomba Mkopo Wa Elimu Ya Juu HESLB 2023/2024
For applicants whose parent(s) died abroad should also obtain a letter from RITA to validate information provided;
(vii) Ensure that loan application form is dully filled and signed before submission;
(viii) Ensure that bank account details are properly filled in the application form.
It should be noted that, if successful, the supplied bank details will be used to process payment,
And therefore, they may not be changed without prior notice to HESLB;
(ix) Applicants should provide a registered and reachable mobile phone number.
The provided mobile phone number will be used to inform the applicant on the loan application progress; and
(x) All applicants must strictly observe the set application deadline.
First year applicants
(i) A Tanzania citizen not older than 35 years at the time of
application;
(ii) Full time admission into an accredited higher education institution in Tanzania including the Open University of Tanzania;
(iii) A complete and correct application through the Online Loan Application and Management System (OLAMS);
(iv) Must not have a formal or regular income from employment or established contract in either public or private sector;
(v) Proof to have repaid at least 25% of any previous loan received from HESLB. This is applicable only to students ever dropped or discontinued from studies;
(vi) Must have completed ACSEE or other equivalent qualifications
within five (5) years, i.e. from 2019-2023 inclusive.
HESL | Mwongozo Na Vigezo Vya Kuomba Mkopo Wa Elimu Ya Juu HESLB 2023/2024
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