Higher Education Students Loans Board

The Higher Education Students Loans Board (HESLB) is a government institution in Tanzania responsible for providing loans and grants to eligible students pursuing higher education.

Here’s an overview of its key functions and services:

1. Objectives of HESLB

• Provide financial assistance to needy and eligible Tanzanian students.

• Ensure equitable access to higher education.

• Recover loans from beneficiaries to sustain the revolving fund.

2. Services Offered

• Loan Disbursement: Provides tuition fees, accommodation, meals, and other allowances.

• Loan Repayment: Manages repayments from graduates who have completed studies.

• Awareness Programs: Educates students on loan application and repayment processes.

3. Eligibility Criteria

• Must be a Tanzanian citizen.

• Admitted to an accredited higher education institution.

• Demonstrated financial need.

• Good academic progress.

4. How to Apply

• Applications are done online via the HESLB Online Loan Application System (OLAS).

• Required documents include:

  • Admission letter.

  • Birth certificate or passport.

  • Academic certificates.

  • Bank details.

  • Parents/guardians’ financial information.

Higher Education Students Loans Board

5. Loan Repayment

• Begins one year after graduation.

• Repayment is 10% of basic salary for employed graduates.

• Self-employed graduates repay based on agreed terms.

• Penalties apply for late payments.

6. Contact Information

• • Website: www.heslb.go.tz                   wizara ya elimu:

    Nactvet

• Head Office: Dar es Salaam, Tanzania.

• Email: info@heslb.go.tz

• Phone: +255 22 215 1410

GUIDELINES AND CRITERIA FOR ISSUANCE OF LOANS FOR BACHELOR’S DEGREE 2025/2026