The Higher Education Student Loans Board (HESLB) has announced today (Sunday, October 17, 2021) a list of First Phase with 37,731 first-year students scheduled for loans worth TZS 99.9 billion for the expected 2021/2022 academic year starting next week.
HESLB CEO Mr. Abdul-Razaq Badru said that out of those students (37,731), men are 23,379 equivalent to 62 percent and women are 14,352 equivalent to 38 percent .
Badru added that HESLB has started sending student loans to various colleges and asked students to get detailed information in the accounts they used to apply for a popular loan such as SIPA (Student’s Individual Permanent Account) and prepare to go to college for enrollment.
“The government has given us money and we have started sending it to colleges… our goal is to ensure that the students who are assigned find the money in the colleges where they will register and receive to fulfill their dreams,” said Badru.
Release date of Phase II list
Regarding the announcement of the Phase II list, Badru said it is scheduled to be released on Thursday, October 21, 2021 after completing the ongoing application analysis and urging loan applicants to visit their SIPA accounts to get information about their applications.
“This list of first comprises students qualified, including being needy, have applied correctly and have the admission of an academy … we completed the analysis of other applications and marry a second list in the next two days, ie Jumatamo, October 20, 2021 ,” said Badru.
TZS 570 Billion has been allocated for higher education loans 2021/2022
According to Badru, the Government has allocated TZS 570 billion for a total of 160,000 student loans. Among them, 70,000 students will be new beneficiaries and more than 90,000 students will be continuing their studies after passing their annual examinations.