PUBLIC ANNOUNCEMENT
The Higher Education Credit Board (HESLB) has allocated Sh1.8 billion for loan requesters after the appeal window opened on November 13, 2019. So far, approximately 46,838 first-year students in 2019/2020 have received loans worth Sh162.86 billion.
The board says the total amount allocated for student loans is Sh450
billion and of these, Sh164.6 billion is for first year students only
and Sh285.4 billion will be loaned to undergraduate students.
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Speaking to reporters yesterday in Dar es Salaam, HESLB director Abdul Razaq Badru said
the opening of the window aimed at providing opportunities for needy
students who owed credit for various reasons including failing to fill
out forms and others did not attach important documents.
He referred to the documents as certificates of death of parents to
those who lost one or both parents, letters of support to the sponsors
and proof of eligibility. "Sh1.8 billion is there and for credit applicants, money is not a problem for them to prove their need," said Badru.
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He said the board had already given notice of the window opening in
advance, with the aim being to give applicants time to collect documents
they had not previously attached.
"Applicants will have to fill out an online form accompanying the
necessary documents to prove their need, until November 25 we will have a
complete list of all students whose appeals will have been won," said the director.
He said the goal of doing so was to coincide with the season openings of all colleges in the country.
Dr Veronica Nyahende, HESLB's
credit and debt analysis manager said the money was a loan, so they
emphasized the attachment of documents is important because it will help
the Government collect its debt from borrowers.
“Our goal is to make sure that every needy student applying for a loan gets money. Also the 5,000 who have been given permission to update their information are still open, continue to do so, ”said Dr Nyahende.
“Our goal is to make sure that every needy student applying for a loan gets money. Also the 5,000 who have been given permission to update their information are still open, continue to do so, ”said Dr Nyahende.
TO APPEAL NOW CLICK HERE
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To appeal for HESLB loans make sure your all documents are verified without any mistakes so as can be reviewed for loan Allocation
When appeal names will be released?
Names of Students who will successful to win appeal window their names will be ready up to 25th November 2019 will be available at Loan board website www.heslb.go.tz and www.olas.heslb.go.tz
How To appeal for HESLB Loan 2019/2020?
Login to your HESLB Lonee account, you will see appeal button letf side at the bottom of your HESLB account. Click the button then follow all instructions very carefully so as you can submit appeal application very correctly.
Dear Student.
Welcome to our appeal window for 2019/20 academic year. We strongly advise you to read and follow below-provided instructions to avoid submission of incomplete or incorrect appeal.
GENERAL INSTRUCTIONS TO STUDENTS
- This window will be open for five days, from Sunday, November 13, 2019 to November 25th, 2019 when the window will automatically close;
- All students who are not satisfied with loan allocations they have received plus those who have not been allocated are advised to apply;
- All appeals including necessary attachments must be done through online window;
- In order to help us process your application better, we will request you to respond to some questions
- Go to http://olas.heslb.go.tz
- Then at the left column click on Appeal now or go direct to your account and log in
documents. The Online Appeals Form is accessible through http://olas.heslb.go.tz
(ii)After successful completion of the Online Appeal Form, the appellant must download the form and attach the necessary documents and hand over to the respective Higher Education Institution Loan Desk Officer.
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TO APPEAL NOW CLICK HERE
