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Higher Education Students Financing Board Call for Student's Loan Application for AY 2023-2024

Date: Mar 12, 2024

Deadline 15th March 2024

The Higher Education Students Financing Board (HESFB) was established by the Higher Education Students Financing Act, No. 2 of 2014 as a body corporate to provide Loans and Scholarships to students intending to pursue Higher Education in Uganda.

Under the Student Loan Scheme, HESFB awards study loans to Ugandan students seeking to pursue Higher Education but are financially constrained.

The objectives of the Students’ Financing Scheme are: –

  1. to increase equitable access to Higher Education in Uganda;
  2. to support highly qualified students who may not afford Higher Education;
  3. to support critical programmes for national development;
  4. to ensure regional balance in Higher Education services in Uganda;
  5. to create a revolving fund.

2.0 THE CALL FOR STUDENTS’ LOAN APPLICATIONS FOR ACADEMIC YEAR 2023/24

The Board therefore invites applications for study loans under the Students’ Loan Scheme from eligible Ugandan students who have been admitted in their first year under the listed Undergraduate Diploma and Degree programmes for the Academic Year 2023/24 in the Public Universities, Private Chartered Universities and the listed Other Tertiary Institutions.

The Applications will commence on Monday 4th March, 2024 and the deadline for application is Friday, 15th March, 2024.

3.0 STUDENTS’ LOAN COVERAGE

  1. The Students’ Loan shall cover tuition fees and functional fees. The loan shall also cover Aids
    and Appliances
     for persons with disabilities, while research funds may be covered as and when
    budget allows.
  2. Student loans shall strictly be awarded to students joining Higher Education Institutions in First
    Year
    .
  3. The Loans will be awarded to applicants pursuing Undergraduate Diploma and Undergraduate
    Degree programmes
     only.

4.0 HOW TO APPLY

  1. The Loan Application process is solely online and is available through our website
    http://www.hesfb.go.ug or directly to the applications URL; www.hesfb.go.ug/ApplyNow
  2. Applicants shall be required to pay a non-refundable Loan Processing Fee of UGX 53,000 to the
    HESFB LOAN APPLICATION FEE, Account No. 3740300006 Centenary Bank or
    01363669053643
     DFCU Bank. The Payment Receipts shall be scanned and attached during the
    Loan Application process.
  3. Applicant who may encounter challenges in the application process can seek help by calling
    0392174999 or 0414255300 or through our Social Media pages

5.0 REQUIREMENTS

  1. A copy of the Admission Letter from the participating Higher Education Institutions
  2. A copy of an Applicant’s the National ID
  3. Copies of Parents’ National IDs
  4. Copies of Death Certificate (In case parents are deceased)
  5. Copies of an Applicant’s Academic certificates or result slips and transcripts
  6. A copy of the Birth Certificate
  7. A copy of the recent Passport Photo
  8. Proof of payment of the non-refundable Loan Processing fee of UGX 53,000
  9. A sketch map to the applicant’s current address/residence
  10. A sketch map to the applicant’s home of origin (If different from current address)
  11. More requirements can be found on www.hesfb.go.ug/eligibility

6.0 APPROVED PROGRAMMES FOR SUPPORT IN THE ACADEMIC YEAR 2023/24

The Board will support applicants to pursue ALL accredited undergraduate degree and diploma programmes in the listed 16 key academic disciplines;

  1. Agriculture
  2. Engineering
  3. Laboratory Science Programmes
  4. Human Medicine
  5. Nursing and Midwifery
  6. Pharmacy and Pharmaceutical Sciences
  7. Animal Sciences
  8. Petroleum and GeoScience Engineering
  9. Science Education
  10. Special Needs Education
  11. Statistics
  12. Computer Science and Information Technology
  13. Health Care Management Sciences
  14. Conservation Sciences
  15. Pure Sciences
  16. Tourism and Hospitality Programmes

Apply Here >>>

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