HESBL Bodi ya mikopo guideline Mwongozo pdf 2023 for the new applicants
In accordance with the HESLB Act, the Board has set general eligibility criteria to be considered in loan applications after securing admission to accredited institutions. The applicant must meet the following criteria:
3.1 General Criteria
CLICK HERE TO DOWNLOAD HESBL GUIDELINE BOOK FOR DEGREE 2024/2025
(i) Must be a Tanzanian not older than 35 years at the time of application;
(ii) Must have full-time admission into an accredited institution offering Diploma studies at Diploma level in Tanzania;
(iii) Must have a complete and correct application through the Online Loan Application and Management System (OLAMS);
(iv) Must not have a formal or regular income from employment or established contract in either the public or private sector;
(v) Must have completed CSEE, Certificate, ACSEE, or other equivalent qualifications within five (5) years, i.e. between 2020-2024 inclusive.
(vi) For continuing Diploma students, he/she must have passed the examination necessary to enable him/her to advance to the following year of study, and the examination results must be submitted to HESLB via the Institution’s Loan Officer or Administration.
LOAN APPLICATION DEADLINE
The Loan Application window for 2024/2025 opens on 1st June, 2024 to 31st August, 2024. This Guideline is available in www.heslb.go.tz
Publication of the list of Successful Loan Applicants
A list of successful loan applicants with their corresponding allocations shall be published through the Student’s Individual Permanent Account (SIPA).
APPEAL AGAINST LOAN RESULT
Unsatisfied applicants may be allowed to submit their appeal through the Online Appeal Form in their Student’s Individual Permanent Account (SIPA). The appeal process will not attract any cost to the applicant (Application Fee).
The Loan Appeal window for 2024/2025 opens 15th September, 2024 to 30th September, 2024.