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| HESLB |
Friday, October 27, 2023
We would like to inform the students who applied for loans for the academic year 2023-2024, as well as the public that today (Friday, October 27, 2023) we have announced the Second Phase (Batch II) of 14,428 new students who were assigned loans worth TZS 44.2 billion.
All the students in the second phase are new students joining undergraduate studies in various higher education institutions in the country.
The number of students who have been assigned a loan so far
Thus, until now, a total of 70,560 new first-year students have been assigned loans worth TZS 203.9 billion. It will be remembered, 56,132 undergraduate students were assigned loans worth TZS 159.7 billion in the first phase (Batch I) announced last week, Friday, October 20, 2023.
In addition, among the 70,560 students assigned loans so far, 40,470 (57.3%) are male and 30,090 (42.6%) are female.
Procedure to get more loan information
Students assigned loans in the Second Phase, as is the case with all applicants, get more information about the loans assigned to them through SIPA - Student's Individual Permanent Account - which they used to apply for a loan.
We remind loan applicants that SIPA is the most important part of obtaining the applicant's information about his loan application.
List of Phase Three
The third phase (Batch III) will be issued before November 03, 2023 after the completion of the final analysis of ongoing applications. After the Third Phase, loan applicants will have the opportunity to submit an appeal to be considered for a loan or increase after submitting additional documents.
Loan funds budget for 2023-2024
The government has allocated TZS 731 billion for undergraduate students for 2023/2024 for 220,376 students. Among them, 75,000 students will be the beneficiaries of the first year.
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