HESLB Yatangaza Orodha Ya Wanafunzi Waliopata Mikopo 2024/2025 – The List of HESLB Loan Beneficiaries For 2024/2025 Have Been Announced
The Higher Education Students’ Loans Board (HESLB) today, Saturday (September 28, 2024), has begun announcing the list of eligible students who have been allocated loans for the 2024/2025 academic year. This first phase includes first-year students who have been allocated loans for undergraduate degrees, Practical Law School, and Master’s degrees.
Students can get information through SIPA
HESLB Executive Director Dr. Bill Kiwia stated that all students who applied for loans for the 2024/2025 academic year can obtain detailed information about their loans through the accounts they used to apply for loans, known as ‘SIPA’ – Student’s Individual Permanent Account.
“Today we have started providing loan information for all groups; those who have been allocated loans, and there are some whose applications we are still processing… each applicant receives their information in the same account they used to apply for the loan, there is no need to visit HESLB offices,” said Dr. Kiwia, adding that the allocation of loans for diploma and postgraduate students is ongoing.
Dr. Kiwia stated that HESLB has begun preparing payments for new students and continuing students who are beneficiaries of loans and said the goal is to ensure that funds reach universities on time.
Check your HESLB application status here
245,799 beneficiaries of loans for 2024/2025
“This year, the government has allocated TZS 787 billion for a total of 245,799 students, including over 88,000 first-year students who have been allocated TZS 284.8 billion,” said Dr. Kiwia, adding that the budget for the year 2024/2025 has increased by TZS 38 billion, equivalent to 5.1 percent compared to the 2023/2024 budget of TZS 749.4 billion. This year, the minimum loan amount for each beneficiary has risen to TZS 3.0 million from TZS 2.7 million in the previous year of 2023/2024.
Call: Colleges to submit exam results
Regarding the responsibilities of colleges, Dr. Kiwia reminded colleges that have not submitted the exam results of continuing student beneficiaries to do so to enable HESLB to prepare payments on time.
“There are a few colleges that have not yet submitted results; we have reminded them and we insist they expedite the submission of results so that we can complete payments for students who have passed to continue their studies,” said Dr. Kiwia.
Regarding the announcement of the Second Phase list
The HESLB Executive Director stated that the second phase of the list of students allocated loans for the 2024/2025 academic year will be announced next week.
Issued by:
HIGHER EDUCATION STUDENTS’ LOANS BOARD
Saturday, September 28, 2024
