Job Overview
19,345 STUDENTS ARE AVAILABLE FOR LOANS OF TZS 59.49 BILLION THIRD PHASE
The Higher Education Student Loans Board today (Sunday, October 20, 2024) announced the Third Phase (Batch Three) with 19,345 undergraduate students who were assigned loans worth TZS 59.49 billion for the academic year 2024/2025. These 19,345 students are new first-year students joining various higher education institutions in the country for Bachelor Degrees.
The number of undergraduate students assigned reaches 70,990
Following the announcement of the Third Phase, the total number of new undergraduate students assigned loans has reached 70,990 and the value of their loans is TZS 223.3 billion, male students are 40,164 (56.58%) and female students are 30,825 (43.42%).
Credits for Diplomas
In addition, in this phase too, there are 425 new diploma students (378 first year and 47 continuing studies) who have been assigned loans worth TZS 1.1 billion.
CLICK HERE TO SEE AWAMU YA PILI YA MKOPO HESLB
‘Samia Scholarship’ Grant
Until now, a total amount of TZS 3.02 billion has been given for grants to 599 students; (588 first phase and 11 second phase) of the first year who benefit from the ‘Samia Scholarship’ for the academic year 2024/2025.
Issued by:
Executive Director,
Higher Education Student Loan Board,
S.L.P. 984,
DODOMA
Sunday, October 20, 2024
How to Check HESLB Loan Allocation 2024/2025
The Higher Education Students’ Loans Board (HESLB) announces loan allocations through the Student’s Individual Permanent Account (SIPA). If your application for the 2024/2025 academic year is unsuccessful, you won’t appear on the list. Allocations are released in phases, including the first, second, third, and fourth batches, with the first typically out around September or October. Follow these steps to check your loan status:
- Login to SIPA: Visit the HESLB Online Loan Application System (OLAMS) at https://olas.heslb.go.tz. If you forgot your password, reset it via the ‘Forgot Password?’ link using your registered email.
- Check Loan Status: After logging in, click ‘Loan Status’ to view your 2024/2025 loan application status.
- View Allocation: If successful, you’ll see your allocated amount and a breakdown of your disbursement schedule by semester, with dates and amounts.
- Unsuccessful Applications: If unsuccessful, you’ll see a message stating so, and you can appeal the decision if needed.
- Remember, HESLB loans are not guaranteed and depend on eligibility criteria such as Tanzanian citizenship, valid admission, financial need, and no outstanding loans.