HABARI MPYA LEO  

ELIGIBILITY FOR LOANS FOR 2012/2013 ACADEMIC YEAR

By Maganga Media - Apr 20, 2012

Application Deadline: Loan Application cycle for 2012/2013 academic year will start on 16th April, 2012 and come to end on 30th June, 2012. Application lodged beyond this date shall not be honoured.



Eligible students for loans in 2012/2013 academic year must meet the following conditions (for First Degree or Advanced/ Higher Diploma students):-
 
3.1 Must be a Tanzanian (as defined by HESLB Act No. 9 of 2004, as amended).
 
3.2 Must have applied for a loan through the Online Loan Application System (OLAS).
 
3.3 Must have been admitted into a fully accredited/registered Higher Learning Institution as a candidate for a First Degree or Advanced/ Higher Diploma on full time basis through Central Admission System (CAS) or other accepted system.
3.4 Must be a continuing student who has passed the examinations necessary to enable him/her to advance to the next year or stage of study.
 
3.5 Must be a person who is not fully funded by other organizations or sources.
 
3.6 Must either be first time direct applicants who are form six leavers. These will include only applicants who completed their Advanced Secondary Education (form six) between 2010 and 2012.
 
OR
 
A first time direct applicants under the Technical and Vocational Education and Training (TVET). These include only applicants who completed their NTA level six (6) between 2010 and 2012 as well as applicants who completed their Diploma in Teacher Education between 2010 and 2012 years.
 
OR
 
A first time indirect applicants admitted into Health Sciences, Education (Science) and Education (Mathematics) programmes only.  These include only applicants who completed their Advanced Secondary Education (form six) more than two years ago; NTA level six (6) more than two years ago and or those who completed their Diploma in Teacher Education more than two years ago.
 
OR
   A first time equivalent qualifications applicants admitted into Health Sciences, Education (Science) and Education (Mathematics) programmes only. These include all applicants who are holders of other Diplomas recognized by NACTE; Diplomas from outside Tanzania accredited by NACTE; degree holders intending to join other degree programmes and form six leavers who have attended a one year certificate course which is recognized by NACTE.
 
3.7 Given the high demand for student loans viz a viz a limited budget, priority shall be given to applicants who will be admitted to pursue National Priority Programmes which for the time being shall be the following:-
 
3.7.1 Education (Science) and Education (Mathematics).
 
3.7.2 Health Sciences (Doctor of Medicine, Dental Surgery,
 
Veterinary Medicine, Pharmacy and Nursing).
 
3.7.3 Civil and Irrigation Engineering.
 
3.7.4 Education Non- Science and Non Mathematics
 
(through Means Testing)
3.7.5 Engineering (Those recognised by Engineers Registration Boards, including Computer Engineering and Architecture) through Means Testing.
 
3.7.6 Agricultural Sciences (through Means Testing)
 
3.7.7 Animal Sciences (through Means Testing)
  3.8 All other candidates admitted into programmes other than Health Sciences, Education (Mathematics) and Education (Sciences) on the basis of indirect or equivalent entrance to HEI may not be eligible for loans.
 
3.9 Overseas students under bilateral agreements between the Government of the United Republic of Tanzania and other Governments.
 
3.10 Students studying at the Open University of Tanzania for a maximum period of six (6) years  (through Means Testing). Students admitted at the Open University of Tanzania will be eligible for only two loanable items (tuition fee, and Books and Stationery.


 
4.1 Means Testing System
The Board has since 2011/2012 academic year reviewed the Means testing system to make it Simple, Transparent and Fair.
 
The Means Testing System considers School Fees paid in O  level, A  Level Secondary Schools or Ordinary Diploma as indication of applicant's ability to contribute to the costs of higher education.
 
Thus, Applicant's neediness shall be measured as a difference between the higher education
costs (Meals and Accommodation charges, Books and Stationery expenses, Special Faculty Requirement expenses, Field Practical expenses, Research expenses and Tuition Fees) of a particular institution of study and the applicant's ability to pay for his/her own education; multiplied by a factor to acknowledge the high return of Higher Education to the applicant. The factor ranges from 1.1 to 1.5 depending on the magnitude of Tuition Fees paid at O-Level and A-Level Secondary/Ordinary diploma Education. The higher the magnitude, the higher the factor.
 
In addition, the system shall make adjustments to cover for Loan applicants with special socio-economic disadvantages such as Orphanage, Disability (of Parents/applicants) and Single parency.
 
Under the new Means Testing System, the whole loan shall be aggregated to one lump sum amount. Out of that, the Tuition Fee and Special Faculty Requirement components shall be paid directly to the Institution of study, whereas the remaining amount shall be paid to the student quarterly.
 
The Means Test shall be applicable to first time applicants on Tuition fee and Special Faculty Requirements loan items only. The other four loan items meals and Accommodation, Books and Stationery, Field Practical Training and Research may be allocated one hundred (100) per cent loans.
 
 
4.2 Coverage of the Means Testing System
The new means test system shall be applicable to the first time loan applicants in the 2012/2013 academic year and subsequent years who will be admitted to pursue all programmes that will not be eligible for 100% loans.
 
 4.3 Number of Students to be Granted Loans
In view of limited loanable funds budget, and pursuant to section 7 paragraph (1) of Act No 9 of 2004 (as amended), the Board in 2012/2013 academic year shall issue loans to a limited number of applicants as per allocated budget.
 
In view of limited loanable funds budget, candidates who are able to meet costs for higher
education, are strongly advised not to apply for loans from the Board.
 
 
4.4 Award of One Hundred Per-cent (100%) Loans
To motivate candidates to join professions which currently have critical shortages, the following programmes shall be awarded up to one hundred (100%) per cent loans:-
 
4.4.1 Health Sciences as defined in section 3.7.2 above.
 
4.4.2 Bachelor of Education with Science, Bachelor of Science with Education and Bachelor of Education (Mathematics).
 
4.4.3 Irrigation Engineering.
4.5 Candidates admitted into Education Non- Science and Non Mathematics Education Programmes.
 
 
Candidates admitted into education programmes which are non- science and non mathematics education programme shall be eligible for Means Tested loans of not less than fifty (50%) per cent.
 
 
4.6 Applicable Tuition Fee Rates
Tuition Fee for first time applicants approved for loans in 2012/2013 academic year as well as second year loan beneficiaries shall be pegged to the equivalent tuition fees paid in Public Higher Education Institutions.
 
 
4.7 Continuing students who are loan beneficiaries
All other continuing students loan beneficiaries shall continue to receive their loans as per their previous Means Test grades.

First time applicants must pay non-refundable one-off application fee of Tzs 30,000.00 through M-Pesa.
 
 
5.7 Application Deadline
Loan Application cycle for 2012/2013 academic year will start on 16th April, 2012 and come to end on 30th June, 2012. Application lodged beyond this date shall not be honoured.
 
 
5.8 Mode of Disbursement of Approved Loans
In order to expedite disbursement of approved loans and minimize the possibility of wastage arising from disbursing loans from the Board directly to the students bank accounts, all loans shall now be paid through Higher Education Institutions. The Higher Education Institutions upon being satisfied that the student loan beneficiary has passed all the necessary examinations allowing him/her to advance to the next level of study or has reported and Registered shall remit to the student bank account the amount of loan so far received from the Board.
 
6.0 PUBLICATION OF SUCCESSFUL CANDIDATES
A list of Candidates and awarded amounts for eligible loan applicants shall be posted on the Board's website www.heslb.go.tz as and when the process of means testing is completed. 

MORE DETAILS CLICK HERE

 FOMU ZA MAOMBI "OLAS"


Welcome to the Online Loan Application System. Only Tanzanian Nationals are eligible to apply for higher education loans. Kindly provide TRUE information about yourself and complete all directives to submit your application package. Applications for 2012/2013 academic year will be accepted from 15th April 2012 and the deadline will strictly be 30th June 2012.
All first time loan applicants Must pay using M-PESA a Tshs 30,000/= application fee and should indicate their Form Four Index Number (strictly in the format of S0012.0034.2006 ? ) as reference number for the payment. Current 4th and 5th year Continuing students must also pay the Tshs. 10,000/= application fee.
Applicants are advised NOT to share their MPESA TRANSACTION IDs with anyone and shall be usable ONLY ONCE for self registration'
Choose a link that best describes your status :
Applicants' Choices
Login for Registered Users

Follow Maganga Media on Twitter, Feel free to like and comment Facebook. Stay updated via RSS

ANDIKA MAONI YAKO KUHUSU HABARI HII