HESLB: 160 000 Student will be Granted Loan 2021/22
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HESLB: 160 000 Student will be Granted Loan 2021/22
Speaking at the signing ceremony of the memorandum of understanding between HESLB and the Registration, Insolvency and Trusteeship Agency (RITA) held on Monday (June, 7, 2021), HESLB CEO Abdul-Razaq Badru said before the window opened. of the HESLB application, will provide the loan application guidance expected to be released on June 25 this year.
In addition, Badru said his office has completed all the preparations for the new academic season of 2021/2021 and urged students who need to use the available time to complete various loan application procedures.
“We urge students to carefully read the loan application guide that will be available on our website (www.heslb.go.tz) which will be published in English and Kiswahili, before opening the application window the student should read this guide” said Badru.
Regarding the loan budget, Badru said in the academic year 2021/2022 the Government has allocated TZS 500 Billion for higher education loans which is expected to benefit a total of 160,000 students.
Elaborating on the state of lending for the 2020/2021 academic year, Badru said that as of June this year a total of 149,472 students have been allocated loans worth TZS 464 Billion, of which 55,337 are first year students and 94,135 are continuing their studies .