heslb release 5 Days for Loan Application 2020/2021 Academic Year

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heslb release 5 Days for Loan Application 2020/2021 Academic Year

The Higher Education Student Loans Board (HESLB) informs the recently completed National Construction Army (JKT) students that the online loan application system will be open for five (05) days from tomorrow, Friday, October 1, 2020, to enable them to apply for a loan.

This decision is based on the applications of students, parents, and guardians of needy students who could not apply or complete their applications due to various reasons including joining training in various JKT camps in accordance with the law.

In addition, within the next five-day period, the system will also be open to enable applicants whose applications are flawed to adjust by setting up appropriate documentation to enable HESLB to proceed with the next step.

โ€œFor those who update the information, they should log in to their open accounts to apply for a loan and they will get a message about the areas for fixing. We urge them to use this five-day period to process and complete their application to enable us to proceed to the next step so that the qualified people can finally be able to fulfill their dreams, โ€said HESLB Executive Director Abdul-Razaq Badru.

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NOTE: In the academic year 2020/2021, the Government has allocated TZS 464 Billion which will benefit a total of 145,000 students. Of these, 54,000 students will be first-year students and another 91,000 are beneficiaries who are continuing their studies. In 2019/2020 a total of TZS 450 billion was allocated and benefited a total of 132,119 students.

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