HESLB Guidelines And Criteria Loan Application 2021/2022, Vigezo Vya Kuomba Mkopo

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HESLB Guidelines And Criteria Loan Application 2021/2022, Vigezo Vya Kuomba Mkopo

5.0 LOAN ITEMS, MEANS TESTING AND AMOUNTS TO BE ALLOCATED HESLB
 
may provide loans to cover all or some of the following items: –
(i) Meals and Accommodation (MA);
(ii) Tuition Fee (TF);
(iii) Books and Stationery Expenses (BS);
(iv) Special Faculty Requirements (SFR);
(v) Research Expenses (RES); and
(vi) Field Practical Training (FPT).
 
5.1 Means Testing SystemM eans Testing (MT) will be used to determine applicants’ neediness for loan allocation. School Fees paid in CSEE, ACSEE and equivalent qualications including diplomas is one of the factors considered to establish an individual’s ability to contribute to the costs of higher education. Other factors that are taken into consideration are orphaned, applicant’s or parent’s disability, previous education sponsorship and household economic status.Therefore, neediness shall be measured as a difference between total annual costs to pursue individual programme at respective Higher Education Institutions (HEIs) and established applicant’s past ability to pay for secondary school or diploma education as an indication of the applicants’ ability to contribute to the costs of higher education.
5.2 Allocation of Loan able Items Loans to successful applicants will be allocated in sequence starting with Meals and Accommodation (MA); Tuition Fee (TF) Books and Stationery Expenses (BS), y Special Faculty Requirements (SFR), Research Expenses (RES) and nally Field Practical Training (FPT) based on the remaining amount from the preceding loan items.
 
07 GUIDELINES AND CRITERIA FOR ISSUANCE OF STUDENTS’ LOANS

5.3 Approved Tuition Fee Rates Maximum applicable tuition fees for all successful loan applicants shall be pegged to the equivalent current-HESLB-approved-highest-tuition-fees payable in Public Higher Education Institutions.
5.4 Continuing students who are loan beneciaries All continuing loan beneciaries shall continue to receive loans as per their initial Means Test Grades upon submission of examination results/progress reports. It should be noted that, a loan beneciary is a student who was registered, allocated and disbursed part of the loan awarded to him/her in the previous academic year in the event the student postponed studies.Beginning academic year 2021/2022, all
SECOND YEAR STUDENTS will be REQUIRED to submit their National Identication Number (NIN), the Registration number and the Bank Account details before any disbursement is made to them. 5.5 Payment Mode Payments for MA, BS, FPT, SFR and RES items shall be made directly to students while TF shall be paid to the respective Higher Education Institutions (HEIs). All payments shall be affected after the students’ acknowledgement through prescribed method at respective HEI.In the event a student does not sign on time. The loan shall be returned to HESLB after expiry of 30 days from the date the transaction information was communicated to a beneciary. The amount RETURNED shall not be paid back to a student and shall not be part of the beneciary’s debt. . Any subsequent payments must be conrmed by the respective HEI.
 
08 GUIDELINES AND CRITERIA FOR ISSUANCE OF STUDENTS’ LOANS

6.0 OVERSEAS LOAN APPLICANTS (UNDERGRADUATE AND POSTGRADUATE) Eligible students for loans for 2021/2022 academic year, admitted to pursue studies overseas must fulll General Eligibility Criteria set in Section 3.2 above.In addition to the General Eligibility Criteria set in Section
 
3.2 above, only overseas applicants selected by the Ministry of Education, Science and Technology will be eligible for top up stipend loans not exceeding USD 5400 per annum. The beneciaries under this category, will have to be admitted into High Impact Degree (HIP) programs under bilateral agreements between the Government of the United Republic of Tanzania and foreign governments. The details on HIDs will be made available alongside with a Separate Circular to be released later. This will detail and guide the Operationalization of the Overseas Financial Support (OFS) to students who will be eligible for loans and grants.
 
7.0 OTHER CONDITIONS
 
7.1 Liability of guarantors and parentsParents/Guarantors are responsible for conrmation of correctness and accuracy of information submitted in the application before signing. Guarantors are expected to ensure that loans are repaid and must be aware of the beneciaries’ whereabouts until the loan is fully repaid. In case of default, guarantors shall be responsible to settle the due unpaid loan in full.An applicant is required to append Guarantor’s passport size photo and a certied copy of one of the following Identications issued be Government authorities of the United Republic of Tanzania and Zanzibar Revolutionary Government:(i) National Identication card;(ii) Voter’s registration card;(iii) Driving License;(iv) Tanzanian Passport; or(v) Zanzibar Resident ID.
09 GUIDELINES AND CRITERIA FOR ISSUANCE OF STUDENTS’ LOANS

7.2 Loan Repayment Upon completion or termination from higher education studies, a loan beneciary shall be required to repay his/her loan fully or through monthly deductions of not less than 15% of basic salary/income or a a sum not less than TZS 100,000/ a month for beneciaries in the informal sector. All loans shall be subject to a 1% fee on principal amount annually.
 
8.0 INTER-UNIVERSITY AND INTERNAL TRANSFERS
 
Loan beneciaries are strongly advised not to transfer from one HEI to another or from one programme to another unless it is inevitable.Loan transfer will be effected upon receiving conrmation from relevant authorities. HESLB shall not raise a duplicate loan payment to students who voluntarily move to other HEIs., a. Unless there is a strong supporting clarication for a late submission of transfer conrmation, no loan transfer will be made after 120 days from the date of release of the rst batch of admission. Transfers will not trigger any change on the initial loan amounts allocated to individual beneciaries unless the student was transferred by authorities.8.1 List of Candidates admitted to Higher Education InstitutionsHESLB will consider loan application from students whose admissions have been uploaded to TCU and data accessed by HESLB through API.
 
9.0 MODE OF APPLICATION
 
All loan applications will be done through Online Loan Application and Management System (OLAMS). Applicants are REMINDED to use the same Form Four Index Number used while applying for admissions.Upon completion of online loan application process, applicants shall be required to print out the application forms and Loan Agreements, obtain appropriate authentications, sign the forms, attach necessary documents and upload into
OLAMS.10 GUIDELINES AND CRITERIA FOR ISSUANCE OF STUDENTS’ LOANS

Applicants are REMINDED to keep full set of the loan applications, attachments submitted, and EMS receipts used for mailing their applications to HESLB for reference and ease of tracking when necessary before submitting the same through EMS to:-
The Executive Director,
Higher Education Students’ Loans Board,HESLB House, 1 Kilimo Street, TAZARA Area, Mandela Road,
P.O. Box 76068, Dar es Salaam, Tanzania
 
10.0 LOAN APPLICATION FEES Applicants must pay a non-refundable, one-off application fee of TZS 30,000/= through GePG using a provided Control Number vide bank (NMB, CRDB, TPB) or mobile money networks (Vodacom M-PESA, TIGO PESA, and AIRTEL MONEY etc) for details visit: https://olas.heslb.go.tz11.0 LOAN APPLICATION DEADLINE The Loan Application window for 2021/2022 opens on 9th July, 2021 through 31st August,2021. However, these guideline will be available in www.heslb.go.tz from July 2nd, 2021 to enable applicants familiarize with key issues before applying for loans. 11.1 Publication of Successful Loan Applicants A list of successful loan applicants with their corresponding allocations shall be published through the Student’s Individual Permanent Account (SIPA) used during application or on HESLB website: www.heslb.go.tz after Batch Approval.12.0 APPEAL AGAINST AWARDED LOAN AMOUNTSApplicants who are not satised with the allocations may appeal by completing relevant Online Appeal Forms, (details to be provided later). Allocation of successful appeals will depend on availability of funds.13.0 INQUIRIES AND COMPLAINTSApplicants or loan beneciaries with inquiries or complaints will have to follow procedures displayed in the loan application window’s Helpdesk.11GUIDELINES AND CRITERIA FOR ISSUANCE OF STUDENTS’ LOANS

14.0 POSTGRADUATE STUDENTS Eligible students for loans for the academic year 2021/2022, admitted to pursue Postgraduate Degree Programmes must fulll the General Eligibility Criteria set in 3.2 above.14.1 Postgraduate Students (Academic Staff)In addition to the General Eligibility Criteria, applicants in this category must fulll eligibility criteria specic to Postgraduate applicants’, which are:-(i) Must hold a rst Degree or an Advanced Diploma, with a minimum of Upper Second Class (for applicants pursuing Master Degrees) or Master Degree with minimum of Upper Second Class (for applicants pursuing PhD degrees);(ii) Must be academic members of staff, admitted to pursue postgraduate studies on fulltime basis, at an accredited Higher Education Institution in Tanzania;(iii) Must have been ofcially nominated by the employer, and obtained endorsement from the Vice Chancellor/Principal/Provost/Rector of the respective institution;(iv) Must have started to repay their previous loans at least for an unbroken period of twelve months, or a lump sum of the same instalments if was previous loans beneciary; and(v) The employer must have signed the Financing Agreement between Higher Education Students’ Loans Board and respective Higher Education Institution.
 
12 GUIDELINES AND CRITERIA FOR ISSUANCE OF STUDENTS’ LOANS

14.2 Postgraduate Students Admitted At The Nelson Mandela African Institution of Science and Technology (NM-AIST)To strengthen national capacity in research, ICT and innovation; HESLB issues loans to students admitted to pursue Master and PhD in Science related programmes offered at the Nelson Mandela African Institution of Science and Technology (NM-AIST).Eligible students for loans for academic year 2021/2022, must full General Eligibility Criteria set in 3.2 above.In addition, applicants must fulll eligibility specic requirements to postgraduate applicants in the NM-AIST category: –
 
(i) Must have been admitted at the Nelson Mandela African Institution of Science and Technology (NM-AIST) to pursue Master or PhD programme in one of the under listed priority areas:(a) Life Sciences;(b) Mathematical & Computer Science Engineering;(c) Information and Communication Science Engineering; and(d) Materials, Energy, Water and Environmental Sciences.(ii) Must have been employees of Public Institutions and worked for a minimum of two (2) years;
(iii) Must be guaranteed by their employers with respect to repayment of the loans;
(iv) Must have started to repay their previous loans at least for an unbroken period of twelve months, or a lump sum of twelve instalments, if they were previous loan beneciaries;
(v) Repayment for NM-AIST postgraduate students’ loans shall start immediately upon completion of the rst year of study by monthly instalments deducted by employers from beneciary’s salary and remitted to HESLB;
 
13 GUIDELINES AND CRITERIA FOR ISSUANCE OF STUDENTS’ LOANS

14.3 Postgraduate Students Admitted at Law School of Tanzania (LASCOT) StudentsLaw School of Tanzania students who are eligible for loans in the academic year 2021/2022 must meet the following conditions:Must full the General Eligibility Criteria set in Section 3.2 above.In addition to the General Eligibility Criteria set in Section 3.2 above, applicants must full eligibility criteria specic to the Postgraduate applicants at Law School of Tanzania (LASCOT) which are: –(i) Must have graduated (with LLB Degree) within Five (5) years (i.e. from 2017 to 2021;)(ii) Loans will be issued ONLY to NEEDY Applicants who were previous loan beneciaries. Loans for Law School students shall be issued to cover two items:(i) Books and Stationery expenses;(ii) Tuition Fees14.4 Applicable rates for Postgraduate Students14.4.1 Meals and Accommodation (MA)The Board may provide loans for Meals, Accommodation and Incidentals at the rate of TZS 10,000/= per day while on campus for theoretical instructions or in eld for data collection.14.4.2 Books and Stationery Expenses (BSE)A maximum of TZS 500,000/= per annum for Books and Stationery may be granted to eligible students pursuing Master and PhD.14
GUIDELINES AND CRITERIA FOR ISSUANCE OF STUDENTS’ LOANS

14.4.3 Tuition Fee (TF)HESLB may provide tuition fee loans at 100% rate based on the rates charged by the respective Higher Education Institution.14.4.4 Research Expenses (RE)HESLB may provide loans at 100% rate for Research expenses in all elds, based on the rates applicable at HLI as may be endorsed from time to time. Applicable rates include a maximum of TZS 2,000,000/= per annum for Master Degree programme and a maximum of TZS 5,000,000/= per annum for a PhD Degree programme.Issued by:-
 
THE EXECUTIVE DIRECTORJUNE, 202115GUIDELINES AND CRITERIA FOR ISSUANCE OF STUDENTS’ LOANS

Loans Application2021/2022
 
KEY DATES
July 2nd – 9th
Applicants’ familiarisation with Guidelines downloadable from www.heslb.go.tz
July 9th – August 31st  Loan application
window open www.olas.heslb.go.tz August 31 st
Application window closure HESLB_TANZANIA HESLB TANZANIA


 
 

According to HELSB loan application guidelines will be released on Friday 2nd, July 2021. Soma ‘Mwongozo wa Utoaji Mikopo kwa Mwaka 2021/2022’  unapatikana kwa luga ya kiingereza na Kiswahili

  1. Mwongozo kwa Kiswahili bonyeza hapa
  2. Guidelines and Criteria in English click here

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  1. Lazaro Oscar masumbuko says:

    Majina ya waliopata mkopo

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