HESFB Students Loan Applications 2021-2022

By | August 29, 2019

Higher Education Student Financing Board HESFB Students Loan Applications 2021-2022

HESFB Students Loan Applications – see details below on how to apply…

Sponsored Links

Eligible programmes

The student’s loans scheme shall offer financial support to brilliant but needy students pursuing accredited programmes at the following education levels:

  1. Diplomas
  2. Undergraduate programmes

NB: HESFB shall determine the courses/programmes for funding on annual basis in line with the National Development Priorities and the available resource envelope.

Eligibility Criteria:
An applicant shall be considered for funding on condition that:

1.They have an admission to accredited programme/courses from a chartered University or listed Higher Education Institution.

2.They are citizens of Uganda.

3.They have passed the Means Test.

Application for funding – HESFB Students Loan Applications

An advert shall always be placed in the national newspapers of national coverage annually soliciting applications from eligible students.
Application forms for the Loans and/or Scholarships shall be completed and submitted to HESFB in a manner defined by the advert. HESFB Students Loan Applications
All applications shall attract an application fee determined by HESFB currently at UGx. 50,000/-.
Evidence of payment for the application fees shall form part of the application.
Loan Application Requirements All completed application forms shall be accompanied with:
i. 3 coloured pass port size photographs
ii. Acceptable valid form of Identification which can be (National ID, Passport, Driver’s License, Voter’s Card, School ID, NSSF Card).
iii. Bank slip confirming payment of the Application fee
iv. Academic Certificates / pass slips
v. Birth Certificate
vi. Admission letter to HEI vii. CRB / Financial Card [mandatory]
viii. Sketch map to applicant’s home of origin.

Funding scope
The financial support (Loans/Scholarship) shall cover:
i. Tuition fees
ii. Functional fees
iii. Research expenses
iv. Aids and Appliances for PWDs

Pricing
Loans shall be repayable with interest.
The interest shall be determined and defined by HESFB. Scholarships shall not be repayable, except where a student:
i. Abandons the course without reasonable cause
ii. Changes a course
iii. Fails to comply with any other terms and conditions of the scholarship.

Loans – HESFB Students Loan Applications

a) Repayment:
A loanee shall start repaying the loan together with the applicable interest one year after the study period, on gaining employment. The one-year-after-study period is called the Grace Period. The loan shall be repaid over a period equal to the study period as defined in the admission letter. On completion of study, the loanee shall make contact with HESFB to pick the loan repayment schedule.

b) Early Repayment
HESFB shall allow loan repayment before due date (even during the study period) as this reduces the financial burden on the student in terms of the loan and applicable interest. Interest shall be charged on only outstanding loan amounts.

c) Loan Period
Loan period for purposes of this manual, shall mean, the predetermined period within which the borrower is expected to complete repayment of the loan and the applicable interest. This period for purposes of the Students Loan Scheme, shall be twice the borrower’s study period plus the Grace period.

d) Loan repayment period:
The loan repayment period shall be the period within which the loanee is expected to complete repayment of the loan and the applicable interest, and is equal to the study period of the programme/course respectively.

e) Grace period:
Undergraduate loans are permissible to be offered a grace period, which is a 12-month period commencing after the study period. The period is given to enable the loanee re-organise/settle or transit from student to working life.

Obligation of the loanee:

A loanee shall be required within one year after completion of studies:
i. To inform the HESFB of their new contacts/address
ii. To inform HESFB of their plans to commence repayment of the loan and the applicable interest.
iii. To execute a loan repayment schedule with HESFB.

Obligations of an employer of a loanee:
An employer shall be required upon engaged of a loanee:
i. To inform HESFB of the engagement in writing
ii. To deduct and remit to HESFB the loan amount and applicable interest due/outstanding from the loanee’s remuneration.

Types of Scholarships:
i. Internal scholarships
Internal scholarships shall be given to students who qualify for programmes that are offered in Higher Education Institutions in Uganda

ii. External Scholarships
External Scholarships shall only be awarded to students who qualify for programmes that are not offered in Higher Education Institutions in Uganda.

iii. Bilateral Scholarships
Bilateral Scholarships may be awarded subject to conditions agreed upon by the Donor Country and the Government of Uganda.

 Quick Links:

1 HESFB Extension of Deadline

2 HESFB Deadline for Diploma Programmes

3 HESFB Deadline for Soroti University Applicants

4 HESFB Students Loan Application Form

5 HESFB Students Loan Applications

6 HESFB List of Successful Loan Beneficiaries

7 HESFB Final List of All Loan Beneficiaries

8 HESFB Successful Students Loan Appeals

9 HESFB Students Loan Application Deadline

10 HESFB Students Loan Scheme Online Application

11 HESFB Submission of Application Forms

12 HESFB Students Loan Application- How To Apply

13 HESFB ILMIS Students Loan Scheme Portal Login

14 HESFB Students Loan Scheme Requirements

 

See Also:

1 HESFB Admitted Courses / Programmes

2 HESFB Admitted Bachelor Courses / Programmes

3 HESFB Admitted Diploma Courses / Programmes

4 Historical Background Of HESFB

5 HESFB Vision Mission and Core Values

6 HESFB Department of Information and Communication Technology

7 HESFB Loans and Scholarships

8 Higher Education Student Financing Board ACT

9 Higher Education Student Financing Board Policy

10 HESFB Approved Public and Private Institutions

11 HESFB Eligibility Criteria with T&Cs

12 Higher Education Student Financing Board Loan Amount

13 Higher Education Student Financing Board Loan Beneficiaries

14 HESFB Loan Coverage & Disbursement

15 Higher Education Student Financing Board Scholarships

16 Higher Education Student Financing Board Contacts

17 HESFB Jobs and Career Opportunities

18 HESFB Loan Disbursement Application Form

19 HESFB Admitted Universities in the Students Loan Scheme

 

Quick Links:

2021-2022 Admissions For Public Universities In Uganda

Busitema University Admissions 2021-2022

Gulu University Admissions 2021-2022

Kabale University Admissions 2021-2022

Kyambogo University Admissions 2021-2022

Lira University Admissions 2021-2022

Makerere University Admissions 2021-2022

Mbarara University of Science and Technology Admissions 2021-2022

Muni University Admissions 2021-2022

Soroti University Admissions 2021-2022

Uganda Management Institute Admissions 2021-2022

2021-2022 Admission For Private Universities In Uganda

Africa Renewal University Admissions 2021-2022

African Bible University Admissions 2021-2022

African Rural University Admissions 2021-2022

Aga Khan University Admissions 2021-2022

All Saints University Admissions 2021-2022

Ankole Western University Admissions 2021-2022

Bishop Barham University College Admissions 2021-2022

Bishop Stuart University Admissions 2021-2022

Bugema University Admissions 2021-2022

Busoga University Admissions 2021-2022

Cavendish University Uganda Admissions 2021-2022

Clarke International University Admissions 2021-2022

Great Lakes Regional University Admissions 2021-2022

International Health Sciences University Admissions 2021-2022

International University of East Africa Admissions 2021-2022

Islamic Call University College Admissions 2021-2022

Islamic University in Uganda Admissions 2021-2022

Kampala International University Admissions 2021-2022

Kampala University Admissions 2021-2022

Kayiwa International University Admissions 2021-2022

King Ceasor University Admissions 2021-2022

Kisubi Brothers University College Admissions 2021-2022

Kumi University Admissions 2021-2022

LivingStone International University Admissions 2021-2022

Muteesa I Royal University Admissions 2021-2022

Mountains of the Moon University Admissions 2021-2022

Ndejje University Admissions 2021-2022

Nkumba University Admissions 2021-2022

Nile University Uganda Admissions 2021-2022

Nsaka University Admissions 2021-2022

St Augustine International University Admissions 2021-2022

St Lawrence University Uganda Admissions 2021-2022

Stafford University Uganda Admissions 2021-2022

Team University Uganda Admissions 2021-2022

Uganda Christian University Admissions 2021-2022

Uganda Martyrs University Admissions 2021-2022

University of Kisubi Admissions 2021-2022

Uganda Pentecostal University Admissions 2021-2022

University of the Sacred Heart Gulu Admissions 2021-2022

Uganda Technology and Management University Admissions 2021-2022

Victoria University Uganda Admissions 2021-2022

Virtual University of Uganda Admissions 2021-2022

Ibanda University Admissions 2021-2022

ISBAT University Admissions 2021-2022.

 

2 thoughts on “HESFB Students Loan Applications 2021-2022

  1. Muramuzi abubakali

    What are the requirements for the HESFB scholarships

    Reply
  2. Muramuzi abubakali

    Diploma holders are they awarded loans for upgrading???

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *