Heslb Tanzania

Everything You Need to Know About HESLB Tanzania

What is HESLB Tanzania?

The Higher Education Students' Loans Board (HESLB) Tanzania is a government-owned institution responsible for providing student loans and scholarships to Tanzanian students pursuing higher education. Established in 2005, HESLB aims to ensure equal access to quality education for all Tanzanian students, regardless of their financial background.

Who is Eligible for HESLB Loans?

To qualify for HESLB loans, students must meet the following criteria:

• Be a Tanzanian citizen.
• Have been admitted to a recognized higher education institution in Tanzania.
• Meet the academic requirements set by HESLB.
• Be in financial need.

What Types of Loans Does HESLB Offer?

HESLB offers two main types of loans:

• Tuition Loans: Cover the cost of tuition fees.
• Living Expenses Loans: Support students with living expenses such as accommodation, food, and transportation.

How to Apply for HESLB Loans

Students can apply for HESLB loans online or through their higher education institution. The application process typically involves submitting the following documents:

• Completed application form.
• Admission letter from the higher education institution.
• Academic transcripts.
• Proof of financial need.

How are HESLB Loans Repaid?

HESLB loans must be repaid within 15 years of graduation or the completion of studies. Repayments are deducted from the borrower's salary through a direct debit system. The repayment period can be extended in certain cases, such as unemployment or disability.

Consequences of Defaulting on HESLB Loans

Failure to repay HESLB loans can result in the following consequences:

• Accumulation of interest and penalties.
• Legal action.
• Negative impact on credit score.
• Restriction from obtaining government employment.

Contacting HESLB Tanzania

For more information or assistance, students can contact HESLB Tanzania through the following channels:

• Website: https://www.heslb.go.tz/
• Phone: +255 222 113 255
• Email: info@heslb.go.tz