HESLB Loan Online Application OLAMS 2023/2024

• Only Tanzanian Nationals are invited to apply to higher education loans.
• The Loan Application Cycle for 2023/2024 academic year will be open soon
• All applicants are advised to read carefully the guidelines and criteria for issuance of students’ loans and grants for the 2023/2024 academic year (Mwongozo wa utoaji mikopo na ruzuku kwa wanafunzi kwa mwaka wa masomo 2022/23).
• In order to use the system easily; it is recommended that applicants should read all the instructions placed under Instructions link.
• Eligible applicants should register and apply online for the Higher Education Students’ Financing Loan on the Higher Education Students’ Financing Board’s website

HOW TO APPLY FOR HESLB LOAN 2023/2024

HESLB Loan Application 2023/24 Academic Year To apply for HESLB Loan Online, Follow the steps below:

1. Visit the HESLB Loan OLAMS official portal: https://olas.heslb.go.tz/index.php/olas/Olas.
2. Navigate & click on ‘Apply for Loan‘ on the portal.
3. Register on the portal by entering your details & upload relevant documents.
4. Proceed to make application fees payment for the application. NOTE: The application fees is non-refundable and must be paid via any of these platforms: AIRTEL MONEY, Vodacom M-PESA, TIGO PESA etc.

The main mandates of HESLB include:

1. 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
2. To collect due loans from loan beneficiaries and use it as revolving fund to sustain operations of the Board
3. To create synergies through establishing strategic partnerships in student financing ecosystem

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:

1. 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
2. To collect due loans from loan beneficiaries and use it as revolving fund to sustain operations of the Board
3. To create synergies through establishing strategic partnerships in student financing ecosystem