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

Established in 2005, HESLB as a key player in the higher education ecosystem is pleased to move to the next phase of transformation for sustainability. To be able to get there, we are making choices through our strategic plan that is driven by the vision to become a reliable and sustainable tertiary education students financier in Tanzania that can cater for increasing demands of needy Tanzanian students to finance their post-secondary education required for them to join the vibrant labour market. The Board’s priorities for the next five years (2022/23 – 2026/27) are; optimizing lending and loan collection, business re-engineering, automation and strategic partnering.

HESLB’s corporate culture is defined by a simple set of corporate values that define how we operate every single day – Accountability, Customer-Centric, Teamwork, Professionalism and Innovation (ACTPIE). They reflect how we interact with our clients, our colleagues, and our communities. We hold each other accountable for creating an organization we can all be proud to work at. Lastly, we are open for partnerships as we invest in the future of the energetic youthful generation of our beloved motherland – Tanzania.   Enjoy your perusal.