Higher Education Students’ Loans Board (HESLB) is an organization that gives HESLB loans, bursaries and scholarships for training at public institutes, which are recognized by the Ministry of Education of Tanzania. Thanks to HESLB loans, all Tanzanian citizens can empower their dreams by getting an academic degree and embarking on a successful career.
Regarding the announcement of HESLB Second Batch 2020, Badru said it is scheduled to be released on November 17, 2020 after completing the ongoing application analysis and urging loan applicants to visit their SIPA accounts to get information about their applications.“These first year students have been offered a loan because they have the qualifications including being needy, have applied correctly and have admission to the same college. We are finalizing the analysis of other applications and will provide a second list in the next two days, November 17, ”said Badru.
Credit planning for second-year students onwards
In addition, at the meeting, the CEO said that all students who have loans continuing their studies in various colleges in the country about 44,629 have been allocated loans worth TZS 155.06 billion.
“These 44,629 students have been offered loans after HESLB received the results of the examination confirming that the student has passed the course in the first year,” he said. Badru and clarified HESLB continues to receive the results of students who grew up with loans in the previous academic year and will be allocated loans. TZS 464 Billion has been allocated for higher education loans 2020/2021
At the meeting, Mr. Badru explained that the Government has allocated TZS 464 billion for 145,000 student loans. Of these, 54,000 students will be first-year students and 91,000 are students with loans and continuing their studies after passing their annual examinations.
In addition, the Board would like to urge loan applicants to remain calm as the credit process for qualified students for the next phase continues. HESLB Second Batch 2020-2021, Majina Waliopata Mkopo Awamu Ya Pili 2020/2021
Information will also be provided through the media, HESLB website (www.heslb.go.tz) and HESLB social networks which are twitter, instagram and facebook under the name ‘HESLB Tanzania’.
When Higher Education Students’ Loans Board (HESLB) release (majina waliopata mkopo 2020/2021) the list of students who have qualified for study loans for the 2020/2021 academic year. HESLB List of Successful Loan Beneficiaries will be available here for download and on the official website of HESLB www.heslb.go.tz.
Also you can see you loan allocation by using your OLAMS account that was used to apply for loan when window opened for the academic year of 2020/2021