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The Higher Education Students’ Loans Board (HESLB) is a body corporate established under Act No.9 of 2004 (as amended in 2007, 2014 and 2016) with the objective of assisting needy and eligible Tanzania students to access loans and grants for higher education
HESLB Online Loan Application & Management System
The Higher Education Students’ Loans Board (HESLB) has officially opened its online application window for the 2024/2025 academic year, inviting students to apply for loans to support their education.
This opportunity is available for those pursuing Bachelor’s degrees, Diplomas, Postgraduate Diplomas in Legal Practice, Masters, and PhD studies. The initiative is part of HESLB’s ongoing commitment to making higher education accessible and affordable for all eligible Tanzanian students.
Key Dates and Deadlines For HESLB Applications
The application window opens on June 1, 2024, and will remain open until August 31, 2024.
It is crucial for applicants to adhere to these dates, as late submissions will not be considered.
Prospective applicants are encouraged to start the process early to avoid last-minute challenges and to ensure all requirements are met.
HESLB OLAMS Online Loan Application And Management System 2024/2025 – Apply Now
The Loan Applications Are Open to:
1. Bachelor’s Degree Students: Individuals who have secured admission or are continuing their undergraduate studies.
2. Diploma Students: Those enrolled in diploma programs in recognized institutions.
3. Postgraduate Diploma in Legal Practice Students: Students pursuing a postgraduate diploma specifically in the field of legal practice.
4. Masters and PhD Students: Graduates seeking financial assistance for their advanced degrees.
Application Procedures
By providing comprehensive financial support, HESLB continues to play a pivotal role in enhancing access to higher education and fostering academic excellence in Tanzania.
Students are encouraged to take full advantage of this opportunity and submit their applications within the stipulated timeframe to secure the necessary funding for their educational journeys.
Applicants are required to submit their applications through the HESLB portal, where they will find detailed guidelines and requirements for each program. This digital approach not only simplifies the application process but also ensures efficiency and transparency in the allocation of loans.
i. Create an Account: Visit the HESLB website and register by creating a new account.
ii. Login: Use the credentials received to log in to the HESLB portal.
iii. Fill in the Application Form: Complete the online application form with accurate personal, academic, and financial details.
iv. Upload Required Documents: Upload all necessary documents, including admission letters, academic transcripts, identification documents, and any other required paperwork.
v. Review and Submit: Double-check all information for accuracy before submitting the application.
vi. Pay Application Fee: Complete the process by paying the non-refundable application fee through the designated payment methods.
HESLB OLAMS – ONLINE LOAN APPLICATION – STEP BY STEP
All loan applications will be done through Online Loan Application and Management System (OLAMS). Applicants are REMINDED to use the same Form Four Index Numbers used while applying for admissions into various higher education institutions.
STEP # 1: Fill in the required Information so as to get Control number to pay in order to continue with application of loan to HESLB
STEP # 2: Provide your secondary education information the create a password that you will use it to log in in HESLB in case you want to check your application status.
STEP # 3: Applicants basic information, upload your passport size photo according to the instructions given then Provide your bank information such as Account Number, Your name and bank name eg. NMB, CRDB, NBC, PBZ etc.
STEP # 4: Preliminary information > provide your preliminary information such as your fathers details, your mothers details, your guarantee details And if your parents are alive or dead the you upload evidences
STEP # 6: Provide your education information, here you just provide your correct examination numbers e.g. S1168.0250.2020
STEP # 7: Provide your guarantor informations together with his/her passport size photo that must be in a required size
STEP # 8: Applicant to verify the provided information. You must read carefully your details so that you can make any changes before submitting it.
STEP # 9: Upload the pages that has signed by leaders according to the instructions provided and Submit Your Application
STEP # 10: Wait for the release of the applicants who will be successfully allocated loans by HESLB. Remember your Username (Form IV Index number) and Password (That you created in step #2)
