Eligibility And Requirements for HESFB Student Loan Scheme 2023/2024

Eligibility And Requirements for HESFB Student Loan Scheme 2023/2024

HESFB Student Loan Scheme: For Ugandan students who wish to pursue higher education at accredited institutions but are unable to sustain themselves financially, the Higher Education Students’ Financing Board (HESFB) offers loans and scholarships. The Higher Education Students’ Financing Scheme, which consists of the Student Loan Scheme and the Student Scholarship Scheme, is administered by HESFB. The eligibility and requirements for the HESFB student loan for AY 2023/2024 are listed below.

Eligibility for First Year Students’ Loan for the AY2023/24

To be Eligible for the First Year Students’ Loan, one should;

  1. Be a Ugandan Citizen.
  2. Be Admitted to a Private Chartered University or Public University or a listed Other Tertiary Institution in Uganda. Accreditation is by the National Council for Higher Education (NCHE).
  3. Applicant must be pursuing any of HESFB’s approved STEM Programmes or Programmes approved under affirmative Action.
  4. Demonstrate a financial need.
  5. Be joining in the First Year of study.
  6. MUST not be a beneficiary of any other Scholarship or Funding Opportunity.

General Requirements for Application to the Students’ Loan Scheme

General Requirements for  Students’ Loan Application include;

  1. A copy of admission letter from any of the participating HEI.
  2. A copy of the National ID.
  3. Copies of academic certificates or result slips and transcripts.
  4. A copy of a birth certificate.
  5. A copy of a recent passport photo.
  6. Proof of payment of the prescribed loan processing fees.
  7. A copy of a Financial card (Not mandatory at the point of application).
  8. A sketch map of applicant’s current address/residence.
  9. A sketch map of applicant’s home of origin (if different from current address).
  10. A fully filled loan application form submitted online.
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How To Apply for HESFB Students Loan

The Loan Application process is solely online and is available HERE

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