The Higher Education Student Loans Board (HESLB) has announced a list of 47,305 students who will receive first phase loans.It said it expects to spend Sh150.03 billion to provide such loans for the academic year 2020/2021.
The list was released on Wednesday, November 11, 2020 by HESLB executive director Abdul-Razaq Badru about a week before the colleges reopened.
He said out of 47,305 students, 26,964 males or 57.37 percent and 20,341 females or 42.63 percent.
Badru said funds have already been sent to various colleges and urged students to get detailed information in the accounts they used to apply for the popular SIPA loan and prepare to go to college for enrollment.
“The government has given us money and we have started sending it to colleges. Our goal is to ensure that qualified students find the money in colleges where they will register and receive to fulfill their dreams,” he said.
Heslb loan Allocation 2020/2021 pdf The Announcement of students Loan Allocation is On hand of Higher Education Student Loan Board (HESLB) Only one month After closing window of Applications
All students or parent they are supposed to visit Official website of Higher Education Students Loan Board www.heslb.go.tz or to login their Application Account to check for their Loan status
Also you can see you loan allocation by using your OLAMS accountthat was used to apply for loan when window opened for the academic year of 2020/2021
Which Qualifications Used by Heslb to Allocate Loans?|Loan Eligibility
Must be Tanzanian (either from mainland or island)
Wish to Join Public or private University in Tanzania
Either full Orphan(Lost both parents) or partial orphan and Must Approved by RITA
Disabled and must possess Certification from Certified Medical officer
Disabled parents and also Need certification Approval
Coming from Low income Family
How To Check Loan Allocations Status of Academi year 2020/2021
All students selected to join Different Universities in Tanzania and who Applied for Loan to sponsor their Higher Learning Education Advised to use Official website of Higher Education Students Loan (HESLB) www.heslb.go.tz or to use their OLAS Account to log in to check their Allocation status
What to Do if your not Allocated in Current Batch?
If you don’t find your name in list of Allocated students Don’t worry Higher Education Students Loan (HESLB) they have Tendency to Release Names in series of Batches there Batch one up to Batch four and if in All number of Batches still your not Allocated the Last option is to Wait for Appeal window in order to Re Apply Never Give up in Trying your Luck