HESLB BILLION 570 TO BENEFIT 160,000 STUDENTS:- HESLB, Wanafunzi wa Elimu ya Juu zaidi ya 160,000 Kunufaika na Bill 570 2021-2022, High Education Students Loans Board, The students who will benefit from the loans are those who are new and continuing students. Get full information Here.
HESLB BILLION 570 TO BENEFIT 160,000 STUDENTS:-
The government through the Higher Education Student Loans Board (HESLB) plans to spend a budget of 570 billion Tanzanian shillings in 2021/2022 which is expected to benefit more than 160,000 students.
The Minister of Education, Science and Technology, Prof. Joyce Ndalichako said the amount of funds for 2021/22 has broken records in the last 16 years of HESLB’s life.
According to prof. In my case, out of those 160,000 students, first year students are expected to be 62,000 while students will grow to 98,000.
“Just steal the secret. Until last month, the loan budget for 2021/2022 increased by TZS 500 billion. But in his 100 days of leading as our President, sir. Mama Samia Solo Hassan has added TZS. 70 billion and comes to this TZS. 570 billion. for 2021/2022 is equivalent to an increase of TZS. 106 billion (22.8%) “said Prof. Here I am.
NOTE: HESLB BILLION 570 TO BENEFIT 160,000 STUDENTS
He added that the increase confirms the intention of the sixth phase government headed by Mrs. Samia Suluhu Hassan to continue to enable more young people to earn money and study to serve their country, and urged needy applicants to remain calm, read instructions and progress in the correct manner. to realize their dreams.
In the academic year 2020/2021, the government allocated and provided 464 billion Tanzanian shillings, benefiting a total of 149,398 students. Of these, 55,287 are first-year students and 94,111 are continuing their studies.
In another step, Dr. Ndalichako urged HESLB to continue to provide appropriate education to applicants so that they can properly understand the advantages and procedures of applying for a loan and to continue working with various stakeholders in helping the many young applicants for loans.
Speaking at the event held at the HESLB offices, HESLB CEO Abdel-Razzaq Badro said that they have been instructed, and as of July 12 this year, HESLB officials will start operating their loan application programs properly under the #WeweNdoFuture campaign.
“We are finalizing the process with the National Construction Army Command (JKT) to reach all the youth in the 19 JKT camps from July 12th… We will also run these programs through television, radio, social networking and meetings with stakeholders,” Badro said. .
Regarding the application procedure and timing, Badro said the loan application guide outlining the qualifications and procedures for applying for a loan is available on the HESLB website as of today (Friday, July 2, 2021).
“The guide is available on the website as of today, July 2, and we advise applicants to read it before applying. In addition, the application process will be open for 53 days from July 9 to August 31, 2021,” Pedro said.
The inaugural meeting was also attended by the Deputy Permanent Secretary of the Ministry of Education, Science and Technology, Prof. James Mdoe and representatives from Tanzania Postal Corporation (TPC) and Registry, Insolvency and Guardianship Agency (RITA) which also cater to loan applicants.
HESLB is established by law, with the main responsibility of providing loans to students in need and collecting outstanding loans provided by the government to higher education students since the year 1994/1995
Get ready to benefit from HESLB BILLION 570 TO BENEFIT 160,000 STUDENTS and for more information about HESLB Loans for the academic year 2021-2022 do not hesitate to visit their website https://www.heslb.go.tz/
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