The Higher Education Students Financing Board (HESFB) has announced plans to provide loans to over 1,000 students in Uganda. The application process will be conducted online and will run for two weeks starting yesterday, allowing students to quickly resume their studies.
The Higher Education Students’ Finance Board aims to achieve several objectives, including increasing access to technical and higher education, supporting highly qualified students who cannot afford higher education, ensuring regional balance in higher education services, developing courses critical to national development, and maintaining quality education in public institutions.
To qualify for the First Year Students’ Loan TV, applicants must be Ugandan citizens, admitted to a private chartered university, public university, or a listed tertiary institution in Uganda accredited by the National Council for Higher Education (NCHE). The loan is intended to cover educational expenses for study in Uganda or abroad.
Applicants must also provide documentation such as a valid National ID, driver’s license with NIN, or passport with NIN and passport photos, have a savings account with Pride, or be willing to open an account and provide evidence of school fees requirements, such as an admission letter or institution bank slip, and a student identity card.
Eligible applicants are Ugandan students who have qualified for higher education in Uganda but are unable to finance themselves.
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