HESFB Loan Application 2023 is used by university students to apply for a loan. Student loans pay for food, stationary, housing, and tuition.
HESFB
The Higher Education Students’ Financing Board (HESFB) is a statutory body established by The Higher Education Students’ Financing Act, No. 2 of 2014 with a mandate to provide Loans and Scholarships to Ugandan students seeking to pursue Higher Education.
Steps Involves in HESFB Loan Application 2022
Step 1: Secure an Admission
Secure an Admission for any eligible course in an Eligible Higher Education Institution.
Step 2: Register into ILMIS
Register into the Integrated Loan Management Information System (ILMIS) by creating an account using your e-mail and a unique password.
Step 3: Log into ILMIS
Use your e-mail and password to log into ILMIS to access the Online Loan Application Form (LAF).
Eligibility for HESFB Loan Application 2022
To be Eligible for the First Year Students’ Loan, one should;
- Be a Ugandan Citizen.
- 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).
- Applicant must be pursuing any of HESFB’s approved STEM Programmes or Programmes approved under affirmative Action.
- Demonstrate a financial need.
- Be joining in the First Year of study.
- MUST not be a beneficiary of any other Scholarship or Funding Opportunity
To be Eligible for the Continuing Students’ Loan;
- Applicant must be Ugandan.
- Applicant must be in the Final year of study.
- Applicant must be pursuing any of HESFB’s approved STEM Programmes or Programmes approved under affirmative Action.
- Applicant must be studying from any of approved HEIs i.e. All Public Universities, all Chartered Private Universities, all Listed OTIs.
- Applicant must demonstrate a financial need.
General Requirements for Students’ HESFB Loan Application include;
- A copy of admission letter from any of the participating HEI.
- A copy of the National ID.
- Copies of academic certificates or result slips and transcripts.
- A copy of a birth certificate.
- A copy of a recent passport photo.
- Proof of payment of the prescribed loan processing fees.
- A copy of a Financial card (Not mandatory at the point of application).
- A sketch map of applicant’s current address/residence.
- A sketch map of applicant’s home of origin (if different from current address).
- A fully filled loan application form submitted online.
Step 4: Complete Loan Application Form
Complete all the sections of the Online Loan Application Form and attach all the relevant documents. The system allows you to save and proceed with the Application letter.
Step 5: Payment & Submission
Confirm that you have fully completed all sections and submit an online application with a copy of the Loan Processing payment receipt.
Step 6: Notification
You will receive a confirmation e-mail from the Board when your application form is received.
