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How to Apply for Students’ Loan Scheme for the Academic Year 2023/2024- Requirements, List of Courses Revealed

CB Reporter by CB Reporter
1 year ago
in News
Reading Time: 7 mins read
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The Higher Education Students Financing Board (HESFB) is pleased to announce the commencement of applications for study loans under the Students’ Loan Scheme for the academic year 2023/2024. This invitation is extended to eligible Ugandan students who have secured admission in their first year for the listed Undergraduate Diploma and Degree programs in Public Universities, Private Chartered Universities, and selected Other Tertiary Institutions.

Application Dates

  • Application Start Date: Monday, 4th March 2024
  • Application Deadline: Friday, 15th March 2024

What the Student’s Loan Covers

The Students’ Loan aims to cover various aspects of your academic journey:

  • Tuition fees and functional fees
  • Aids and appliances for persons with disabilities
  • Research funds (when budget allows)

Eligibility Criteria

To be eligible for the Student’s Loan:

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  • Applicants must be joining Higher Education Institutions in their First Year
  • The loan is applicable for those pursuing Undergraduate Diploma and Undergraduate Degree programs only

How to Apply for the Student’s Loan

The application process is entirely online through the HESFB website. Here’s a step-by-step guide:

  1. Visit their website at https://www.hesfb.go.ug
  2. Click on the “APPLY NOW” button
  3. Fill in the required information as prompted
  4. Upload the necessary documents
    • Admission Letter from the participating Higher Education Institution
    • National ID copy
    • Parents’ National IDs copies
    • Death Certificate copies (if applicable)
    • Academic certificates, result slips, and transcripts
    • Birth Certificate copy
    • Recent Passport Photo
    • Proof of payment for the non-refundable Loan Processing fee

Application Fee

There is a non-refundable Loan Processing Fee of UGX 53,000. Please make the payment to:

  • HESFB LOAN APPLICATION FEE, Account No. 3740300006 at Centenary Bank
  • Account No. 01363669053643 at DFCU Bank

Assistance with the Application Process

If you encounter any challenges during the application process, feel free to reach out to us:

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  • Call: 0392174999 or 0414255300
  • Connect with us on our Social Media pages

Approved Programmes/Courses for Support

The Board supports applicants in pursuing accredited undergraduate degree and diploma programs across 16 key academic disciplines, including but not limited to:

  • Agriculture
  • Engineering
  • Laboratory Science Programs
  • Human Medicine
  • Nursing and Midwifery
  • Pharmacy and Pharmaceutical Sciences
  • Science Education
  • Computer Science and Information Technology
  • Tourism and Hospitality Programs

Please Note: Persons with Disabilities are encouraged to apply for any accredited program of their choice, including Humanities.

Participating Universities and Tertiary Institutions

Here is the list of approved institutions participating in the Students’ Loan Scheme for the academic year 2023/2024:

Public Universities

  • Busitema University
  • Gulu University
  • Kabale University
  • Kyambogo University
  • Makerere University
  • Mbarara University of Science & Technology
  • Muni University
  • Soroti University
  • Mountains of the Moon University
  • Makerere University Business School (MUBS)

Private Chartered Universities

  • African Bible University
  • Bishop Stuart University
  • Bugema University
  • International University of East Africa
  • ISBAT University
  • Islamic University in Uganda
  • Kampala International University
  • Kampala University
  • Ndejje University
  • Nkumba University
  • Uganda Christian University
  • Uganda Martyrs University
  • Victoria University

Other Tertiary Institutions

  • Uganda Institute of Allied Health & Mgt Sciences (Mulago Paramedical School)
  • Health Tutors’ College – Mulago
  • Fort Portal College of Health Sciences
  • Gulu College of Health Sciences
  • Mbale College of Health Sciences
  • Butabika School of Psychiatry Clinical Medicine
  • Jinja School of Ophthalmic Clinical Medicine
  • Mbale School of Hygiene / Environmental Health Science
  • Jinja Medical Laboratory Training School
  • Institute of Survey and Land Management
  • National Meteorological Training School
  • Uganda Institute of Information and Communications Technology
  • Uganda Petroleum Institute Kigumba
  • Uganda Technical College, Bushenyi
  • Uganda Technical College, Elgon
  • Uganda Technical College, Kicwamba
  • Uganda Technical College, Kyema
  • Uganda Technical College, Lira
  • Nakawa Vocational Training College

About Higher Education Students Financing Board (HESFB)

Established by the Higher Education Students Financing Act, No. 2 of 2014, HESFB is dedicated to providing Loans and Scholarships to students aspiring for Higher Education in Uganda. Our Students’ Financing Scheme aims to:

  • Increase equitable access to Higher Education
  • Support highly qualified students with financial constraints
  • Foster critical programs for national development
  • Ensure regional balance in Higher Education services
  • Create a revolving fund for sustainable support

Join us on this journey to shape a brighter future! For further details and eligibility requirements, visit our website at https://www.hesfb.go.ug.

Apply now, and let HESFB pave the way for your academic success!

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The no.1 campus news site in Uganda. For articles, send us an email on: editorial@campusbee.ug to feature on Campus Bee, Join our WhatsApp group for all the lates news; https://whatsapp.com/channel/0029Va8u5yI1NCrcxsFHQj3v

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