Friday, November 2, 2018

HESLB: Public Notice on Issues Related to Loan Allocation 2018/19 – Released Today 2nd November, 2018

The Higher Education Student Loan Board (HESLB) has lent loans to the new 25,532 students of the 41,000 students who requested for the year 2018/19. Speaking to journalists on Wednesday, October 17, 2018, the General Director General of the Board, Abdul-Razaq Badru, said the application for the reception window was opened May 5 to October 10, 2018. 
Spokesman and completion were 67,000 and beneficiaries of the University of TCU were 49,000. The director said among the 49,000 beneficiaries and TCU, 41,000 applied for loans. He said 41,000 students were 25,532 students in the first phase who received a value of Sh88.36 billion while 69 students studying abroad were benefiting from the loans. Of the population, 16,085 male and 9,447 are female. 

The director said this year, 2018/19, the government has allocated a total of Sh427.5 billion including those of the first year. He said it was the first phase and the second phase will be announced after the TCU has been criticizing other students and those who have appealed. The board said students who continue their studies will continue to get loans but on their terms of education to submit the test results while explaining ten colleges have not submitted them and want them to do so quickly. 




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