HESLB Guidelines And Criteria Loan Application 2022/2023

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HESLB Guidelines And Criteria Loan Application 2022/2023

The Higher Education Students’ Loans Board (HESLB) was established by the HESLB Act (CAP 178) and became effective in July 2005. HESLB is mandated to, among others, issue loans and or grants to needy and eligible students. The application window for Academic Year 2022/2023 will be open from 15th July, 2022 through 30th September 2022.

ELIGIBILITY

The HESLB Act and regulations provide for General Eligibility and Criteria for applicants seeking loans.

NEEDY and ELIGIBLE applicants must apply for loans and/or grants to meet part or full costs of their education.

• Needy Applicant
• General Eligibility Criteria as Pronounced by the Act
• Additional Eligibility Criteria

THIS MEANS TESTING, LOAN ITEMS AND AMOUNTS TO BE ALLOCATED

HESLB may provide loans to cover all or some of the following items: –

• Meals and Accommodation (MA);
• Tuition Fee (TF);
• Books and Stationery Expenses (BS);
• Special Faculty Requirements (SFR);
• Research Expenses (RES); and
• Field Practical Training (FPT).
• OTHER CONDITIONS: HESLB Guidelines And Criteria Loan Application 2022/2023
• Liability of guarantors and parents
• Loan Repayment

INTER-UNIVERSITY AND INTERNAL TRANSFERS

Loan beneficiaries are strongly advised not to transfer from one HEI to another or from one programme to another unless it is inevitable. Loan transfer will be effected upon receiving confirmation from relevant authorities.

HESLB shall not raise a duplicate loan payment to students who voluntarily move to other HEIs. Unless there is a strong supporting clarification for late submission of transfer confirmation, no loan transfer will be made after 120 days from the date of release of the first batch of admission.

Transfers will not trigger any change on the initial loan amounts allocated to individual beneficiaries unless the student was transferred by authorities.

LOAN APPLICATION DEADLINE

The Loan Application window for 2022/2023 opens on 15th July, 2022 and through 30th September 2022. However, these guidelines will be available at www.heslb.go.tz from July 15th, 2022 to enable applicants to familiarize themselves with key issues before applying for loans.

A list of successful loan applicants with their corresponding allocations shall be published through the Student’s Individual Permanent Account (SIPA) used during the application or on the HESLB website: www.heslb.go.tz after Batch Approval.

APPEAL AGAINST AWARDED LOAN AMOUNTS

Applicants who will not be satisfied with the allocations may appeal by completing relevant Online Appeal Forms (details to be provided later). Allocation of successful appeals will depend on the availability of funds.

INQUIRIES AND COMPLAINTS

Applicants or loan beneficiaries with inquiries or complaints will have to follow procedures displayed in the loan application window’s Help Desk

For more information about the loan, from the opening date of the application window to the end download the PDF FILE Attached below:

For more information visit the official website:  www.heslb.go.tz