Heslb Tanzania

Helping Tanzanians Access Higher Education: An Overview of HESLB

Introduction

HESLB Tanzania is a student loans body established by the Government of Tanzania to provide loans to Tanzanian students pursuing higher education within and outside the country. The body was established in 2005 and has since disbursed loans to over 400,000 students.

Mission and Vision

Mission

HESLB's mission is to provide accessible, affordable, and sustainable financing to Tanzanian students pursuing higher education.

Vision

To be a leading provider of student financing in Africa, empowering Tanzanians to achieve their academic and professional goals.

Core Values

HESLB's core values are integrity, transparency, accountability, customer focus, and teamwork.

Loan Products

HESLB offers a range of loan products to cater to the diverse needs of students. These include:

• Undergraduate Loans
• Postgraduate Loans
• Vocational Education and Training (VET) Loans
• Special Needs Education Loans

Eligibility Criteria

To be eligible for a HESLB loan, students must meet the following criteria:

• Be a Tanzanian citizen
• Have been admitted to an accredited higher education institution
• Demonstrate financial need
• Meet the academic requirements set by HESLB

Application Process

Students can apply for a HESLB loan through the following steps:

1. Visit the HESLB website and create an account
2. Complete the online application form
3. Submit the required supporting documents
4. Pay the application fee

Repayment

HESLB loans are repayable over a period of 15 years, starting one year after graduation. Students can repay their loans through the following methods:

• Payroll deductions
• Bank transfers
• Mobile money

Conclusion

HESLB Tanzania plays a critical role in making higher education accessible to Tanzanians. Through its various loan products and flexible repayment options, HESLB is committed to empowering Tanzanians to achieve their academic and professional goals.