The Higher Education Students’ Financing Board -HESFB Application, HESFB Application fee, Application form, How to Apply, Eligibility, And Application deadline.
HESFB
The Higher Education Students’ Financing Board -HESFB was established in February, 2014 by an Act of Parliament HESFB Act No. 2 of 2014, with a mandate to provide Loans and Scholarships to Ugandan students to pursue Higher Education.
HESFB is intended to provide loans and scholarships to Ugandan students who have qualified to pursue accredited courses of study or programmes in the recognized Higher Education Institutions in Uganda but are unable to support themselves financially. HESFB implements the Students Loan Scheme.
HESFB Student Loan Eligibility
Eligibility to the Student Loan Scheme considers;
- Be a Ugandan Citizen.
- Be admitted to pursue an accredited undergraduate diploma or degree programme in a listed Higher Education Institution, private chartered university or public university in Uganda. Accreditation is by the National Council for Higher Education (NCHE).
- Have a financial need.
- An applicant must be a joining in the first year or Continuing Student. However, the Board currently funds final year students among the continuing students.
- The Board also takes into consideration regional balance, gender, social economic needs and equity.
HESFB Student Loan Application Requirements
Application for a student loan will require one to upload the following;
- A copy of admission letter from any of the participating HEI
- A copy of the National ID
- Copies of academic certificates or result slips and transcripts
- A copy of a birth certificate
- A copy of the recent passport photo
- Proof of payment of the prescribed processing fees
- A copy of the Financial card (Not mandatory at the point of application)
- A sketch map of applicant’s current address/residence
- A sketch map of applicant’s home of origin (if different from current address)
- Fully filled loan application form submitted online.
Note: Applicants will receive a notification upon successfully submitting the application details through email.
What the loan Covers
The Student Loan Scheme is a cost sharing initiative. The Loan strictly covers the academic component, i.e., Tuition fees, Functional fees, Research fees, Aids and Appliances for Persons with Disabilities (PWDs). A student loan beneficiary is expected to cater for their welfare expenses (accommodation, feeding, medical care, scholastic materials) and any other expenses required by the student outside what HESFB finances.
How to Apply for HESFB Student Loan
Applicants should note that; application is strictly online.
After Application, What’s Next?
Successful applicants will be notified after closing dates of the Applications.
For more information about the Student Loan, kindly use the COMMENT BOX below, we will respond to you ASAP.
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