HESLB Loan Online Application OLAMS 2023/2024 Academic Year 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.
Recommended:
Maombi ya mikopo
elimu ya juu 2023/2024,www.heslb.go.tz,olas.go.tz,www.olas.go.tz,OLASM
Loan Application Form 2023/Fomu za Maombi Bodi ya mikopo 2023/ Heslb
Application Form OLAMS 2023/2024
Welcome to the HESLB’s Online Loan Application System (OLAMS) for 2023/2024 Academic Year. We kindly advise you to read and consider ‘Guidelines for Loans Issuance for 2023/2024’ Academic Year available in www.heslb.go.tz before you start application. Make sure you provide TRUE information.
HESLB Loan Application 2022/2023 Academic Year
CLICK HERE TO START APPLICATION
Deadline 30 September 2024
Click Here To Read Muongozo PDF
HESLB LOAN APPLICATION 2023/2024
- Only Tanzanian Nationals are invited to apply to higher education loans.
- The Loan Application Cycle for 2023/2024 academic year will be open soon
- All applicants are advised to read carefully the guidelines and criteria for issuance of students’ loans and grants for the 2023/2024 academic year (Mwongozo wa utoaji mikopo na ruzuku kwa wanafunzi kwa mwaka wa masomo 2022/23).
- In order to use the system easily; it is recommended that applicants should read all the instructions placed under Instructions link.
- Eligible applicants should register and apply online for the Higher Education Students’ Financing Loan on the Higher Education Students’ Financing Board’s website
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HOW TO APPLY FOR HESLB LOAN 2023/2024
HESLB Loan Application 2023/24 Academic Year To apply for HESLB Loan Online, Follow the steps below:
- Visit the HESLB Loan OLAMS official portal: https://olas.heslb.go.tz/index.php/olas/Olas.
- Navigate & click on ‘Apply for Loan‘ on the portal.
- Register on the portal by entering your details & upload relevant documents.
- Proceed to make application fees payment for the application. NOTE: The application fees is non-refundable and must be paid via any of these platforms: AIRTEL MONEY, Vodacom M-PESA, TIGO PESA etc.
The main mandates of HESLB include:
- To assist, on a loan basis, needy students who secure admission in accredited higher learning institutions, but who have no economic power to pay for the costs of their education
- To collect due loans from loan beneficiaries and use it as revolving fund to sustain operations of the Board
- To create synergies through establishing strategic partnerships in student financing ecosystem
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. The main mandates of HESLB include:
- To assist, on a loan basis, needy students who secure admission in accredited higher learning institutions, but who have no economic power to pay for the costs of their education
- To collect due loans from loan beneficiaries and use it as revolving fund to sustain operations of the Board
- To create synergies through establishing strategic partnerships in student financing ecosystem
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Our Functions
- Assume control and management of loanable funds
- Formulate mechanisms for determining eligibility of students for loans
- Administer and supervise disbursement and repayment of loans offered since 1994
- Issue loans to eligible and needy Higher Education Students
- Keep and maintain the register and other records of loan beneficiaries and amounts granted to them
- Collect repayments for all loans issued to students since 1994 so as to re-lend the funds to other needy Tanzanian students
- Advise the Minister on policy and legal matters related to issuance and recovery of loans to students
- Establish operational linkages between the Board, higher learning institutions, loan beneficiaries and employers for effective issuance and recovery of loanable funds
- Establish and maintain cooperative network between the Board and other local and international stakeholders in higher education, be it Government or non- government institutions
- Conduct research and maintain a databank on other local and external scholarships, sponsorships and awards that may be accessed by Tanzania students
- Perform any other duties conferred by the Board or under the Act or any other written laws
