Government has agreed to support more students in higher institutions of learning, who had earlier missed out on the loan scheme. According to a statement by the Higher Education Students’ Loans Board (HESLB), the students, who appealed for reconsideration after missing out, are now required to join their respective institutions of higher learning.

 

To Check HESLB Appeal Names Results 2019/20 Login to your Account or CLICK HERE

 

Functions of Higher Education Students’ Loans Board (HESLB)

Section 6 of the HESLB Act No. 9 of 2004 provides functions of the Board as follows:-

  • To assume responsibility for the control and management of all loanable funds as vested in the Board.
  • To formulate the mechanism for determining eligible students for payment of loans.
  • To administer and supervise the whole process of payment and repayment of loans
  • To keep the register and other records of students loan beneficiaries under the Board
  • To advise the Minister on matters of policy and of the law concerning provisions and recovery of loans to students.
  • To establish operational links between the Board and higher education institutions with student loan beneficiaries for facilitating a smooth, efficient and effective administration of the loan funds
  • To establish operational links with employers of loan beneficiaries for the purpose of facilitating the recovery of the loans granted.
  • To establish networking and cooperation links on a mutually beneficial basis with institutions and organizations, be they governmental or non-governmental, local,foreign or international
  • To conduct research and maintain a data bank on other local and external scholarships, sponsorships and awards that may be accessed by Tanzanian students in need or in search of opportunities and financial sponsorship or assistance for higher education and/or training.
  •  To ensure the overall efficient and effective implementation of the provisions of the Act and of any such other written law concerning Government loans and
  •  To perform such other functions as are conferred upon the Board by or under the Act or any other written laws.

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For more information Visit http://heslb.go.tz/ 

Congratulations to all the successful applicants that made it to the HESLB Student Loan Scheme Appeal list.