HESLB: Majority of loan applicants fail to meet requirements

Higher Education Students Loans Board (HESLB) Executive Director, Mr Abdul Badru 

Many of applicants submit their documentsHESLB extend loan application deadline

Dar es Salaam. Some 15,473 out of 49,282 loans applicants have, until yesterday, submitted the requisite documents for loans application through Online Loan Application and Management System (OLAMS).

This was revealed by Higher Education Students Loans Board (HESLB) Executive Director, Mr Abdul Badru, when talking to journalists at HESLB offices today, August 30.

He further commented that the other 33,809 loans applicants were in advance stage to finalise the process including uploading their requisite documents into the system as it required under HESLB Act.

"I encourage applicants who have not completed to do so and upload their documents… they should do so as soon as possible," he said.

Meanwhile, HESLB has extended loan application deadline for new applicants from September 4 to 11, 2017.

The move will enable applicants who initially failed to complete their application, to finalise the process.