For students pursuing higher education in Tanzania, the Higher Education Students’ Loans Board (HESLB) provides loans to those who meet the eligibility criteria. For the academic year 2024/2025, HESLB has identified certain courses that will be given high priority in loan allocation. These courses have been selected based on their relevance to the development of the country and the demand for skilled professionals in those fields.
The courses that have been identified as having priority in loan allocation for the 2024/2025 academic year include those in the fields of science, technology, engineering, and mathematics (STEM), as well as health sciences. These courses have been selected with the aim of addressing the skills gap in the country and promoting economic development.
Students pursuing courses in these fields will have a higher chance of receiving a loan from HESLB, provided they meet the eligibility criteria. It is important for students to keep in mind that loan allocation is not guaranteed, and they should ensure that they meet all the requirements before applying for a loan.
Eligibility Criteria for Loan Applicants
To be eligible for a loan from HESLB in 2024, applicants must meet certain criteria. These criteria include:
- Tanzanian Citizenship and Residency: Applicants must be Tanzanian citizens and residents. Proof of citizenship and residency, such as a valid national ID card or passport, is required.
- Admission to an Accredited Higher Education Institution: Applicants must have been admitted to an accredited higher education institution in Tanzania. This includes universities, colleges, and other recognized institutions.
- Online Loan Application and Management System (OLAMS): Applicants must have applied for a loan through the Online Loan Application and Management System (OLAMS). This is the only way to apply for a loan from HESLB.
- General Eligibility Criteria as Pronounced by the Act: Applicants must meet the general eligibility criteria as pronounced by the HESLB Act. These criteria include being of good character, not being in default of any previous HESLB loan, and not having been expelled from any higher education institution.
- Science, Technology, Engineering, and Mathematics (STEM) Courses: Applicants pursuing courses in STEM fields are given priority in loan allocation. This is because these fields are seen as crucial for the development of Tanzania’s economy.
- Teacher Education Courses: Applicants pursuing courses in teacher education are also given priority in loan allocation. This is because of the critical role that teachers play in the education system and the development of the country.
- Health Sciences Courses: Applicants pursuing courses in health sciences are also given priority in loan allocation. This is because of the importance of the health sector in the development of the country.
Overall, meeting the eligibility criteria and pursuing courses in priority areas increases an applicant’s chances of receiving a loan from HESLB in 2024.
Priority Courses for HESLB Loans in 2024
The Higher Education Students’ Loans Board (HESLB) in Tanzania has published the priority courses for loans issuance in the 2024 academic year. HESLB provides loans to students who are eligible and in need of financial assistance to pursue their studies.
The priority courses for HESLB loans in 2024 are determined based on several important factors, including the demand for the course in the job market, the potential for the course to contribute to the development of the country, and the availability of funds.
Some of the courses that have been identified as priority courses for HESLB loans in 2024 include:
- Medicine and Dentistry
- Engineering (Civil, Electrical, and Mechanical)
- Agriculture and Forestry
- Education (Science and Mathematics)
- Information and Communication Technology (ICT)
- Natural Resources and Tourism
- Business and Management
Students who are pursuing courses that are not listed as priority courses may still apply for loans from HESLB. However, priority will be given to students who are pursuing courses that have been identified as priority courses.
It is important to note that meeting the eligibility criteria does not guarantee that a student will receive a loan from HESLB. The decision to award a loan is based on the availability of funds and the number of eligible applicants.
Students who are interested in applying for a loan from HESLB are advised to visit the HESLB website for more information on eligibility criteria, application procedures, and deadlines.
