HESLB Muongozo Na Sifa za Kupata Mkopo 2023/24 The Higher Education Student Loans Board (HESLB), will soon announce the ‘Guidelines for Issuance of Loans and Grants for Higher Education Students for the Academic Year 2023/2024’ which will be available at www.heslb.go.tz from Friday, July 7, 2023.
Prospective loan applicants are advised to read and understand the guide before filling out loan application forms through http://olas.heslb.go.tz to enable the applicant to fill in the form accurately and completely.
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IMPORTANT POINTS TO CONSIDER CURRENTLY
When the Guide is completed, the loan applicant who has completed the sixth form (Form VI) or diploma is advised to consider the following points:
1. Read carefully and follow the application procedures that will be explained in detail in the Guide that will be available from July 7, 2023;
2. To make sure that the fourth form test number he will use to apply for a loan is the same as the one he uses to apply for college admission;
3. Applicants who have taken the fourth form exam more than once should ensure that they list all the numbers in their application as directed by the system;
4. To ensure that birth/death certificates have been verified by the Registration, Insolvency and Trust Agency (RITA) or the Zanzibar Social Events Registration Agency (ZCSRA) according to the procedures of these institutions;
5. For loan applicants born abroad or applicants whose parents have died while abroad, attach a letter of confirmation from RITA;
6. The applicant should fill out the form completely and make sure all areas are signed before submitting it to HESLB online;
7. Every applicant should ensure that they have a bank account with their names used in the fourth form exam. This account will be used to pay the student his loan;
8. The applicant must ensure that he has a registered and available mobile phone number that will be used to inform him of the various stages of his application;
9. All applicants are advised to keep a copy of the loan application form they submitted to HESLB for reference and reference when needed.
10. The window to apply for a loan online will be open from July 7 to September 30, 2023.
GENERAL QUALIFICATIONS FOR APPLY HESLB LOAN 2023/24
For the year 2023/2024, the general qualifications for loan applicants are as follows:
1. Must be a Tanzanian not exceeding 35 years of age when applying for a loan;
2. Be admitted to an accredited higher education institution including the Open University of Tanzania; 3. He has applied for a loan through the loan application system (OLAMS);
4. He should not have another source that pays for his higher education studies;
5. For an applicant who has benefited from a HESLB loan, he must have returned at least 25 percent of the loan money he was previously loaned;
6. Must have graduated from sixth form education (ACSEE) or diploma within the last five years, between 2019 and 2023.