HESLB Batch One Loan Allocation 2023/2024;- Waliopata Mkopo Awamu ya Kwanza, HESLB Batch One Loan Allocation 2023/2024, How To Check your loan allocation?, HESLB Batch two loan allocation, High Education Students Loans Board, Orodha ya majina ya wanafunzi waliopata mkopo awamu ya kwanza 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
- 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 Batch One Loan Allocation 2023/2024
This is a list of names of students who have been successfully assigned a loan in the academic year 2023-2024.
The Higher Education Student Loans Board (HESLB) is the only body that is responsible for providing loans for various stages of education in Tanzania.
After the release of this list of names, the process of applying for loans begins for students who need to be given a loan in their studies, especially at the higher education level!
After the Loan application process which takes place every year within a period of two months (July & August), the answers are given in the tenth month especially after the students start their studies.
In the academic year 2023-2024, the Government under the Higher Education Loans Board (HESLB) has released a list of names of those who received loans for the first phase while expecting to release another list for the second phase at any time.
Below we have put a link for you to get a list of all the names of the first Batch, please follow below to know more:
56,132 ALLOCATED LOANS WORTH TZS 159.7 BIL. IN BATCH ONE – 2023/2024
HESLB Waliopata Mkopo Awamu ya Kwanza
The Release of Batch Two
Regarding release of the list of the Batch Two, Badru said that, it will be announced on October 27th, 2023 after the ongoing loan application verification is completed and urged loan applicants to visit their SIPA accounts to get information about their applications.
“This first batch includes eligible needy students who have filled their applications correctly and have confirmed admission in one accredited university or college. We are completing verification of other applications and we will release the list of the second batch on October 27th, 2023,” explained Badru.
TZS 731 Billion has been budgeted for undergraduate students for 2023/2024
Badru added that the government has budgeted TZS 731 billion for loans to 220,376 students, among them, 75,000 students will be undergraduate first years admitted to pursue first degree and more than 145,376 students are continuing students at the same level.
Loans for Diploma and Samia Scholarship
Regarding loans to diploma students that will be issued for the first time in this academic year, Badru said that applications are currently being received online and that the window will be closed on October 22nd, 2023. In addition, applications for ‘Samia Scholarship’ opportunities for students with outstanding performance in science combinations are being received until October 22nd, 2023.
HESLB urges applicants for undergraduate loans, diploma loans and ‘Samia Scholarship’ beneficiaries for 2023/2024 academic year to be calm while verification and allocation of loans to qualified students is on progress.
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