HESFB Loan application process VIA Integrated Loan Management Information System (ILMIS) 2018/19 

Integrated Loan Management Information System (ILMIS)

The Higher Education Students Financing Board (HESFB) was established by an Act of Parliament to manage the Students’ Loan Scheme. The Board has received funds from the Government of Uganda to be used for financing the Ugandan Students who are pursuing studies in Higher Education Institutions in Uganda.
The objectives of the Students’ Loan Scheme are:-

  • To increase equitable access to Higher Education in Uganda;
  • To support highly qualified students who may not afford Higher Education;
  • To ensure regional balance in Higher Education services in Uganda;
The HESFB therefore invites applications for loans from eligible Ugandan students who have been admitted for the Programmes / courses listed and in the Universities / Institutions listed. (To view click on the respective links)

Loan Applications

a) Offline Application: Eligible applicants should get hard copy of the application form from the participating Universities; Office of the Academic Registrar; or from any Centenary Bank Branch across the country.
b) Online Application: Eligible applicants should register and apply online for the Higher Education Students’ Financing Loan on the Higher Education Students’ Financing Board’s website http://www.hesfb.go.ug/ilmis

Submission of application forms

On completing the application form, offline applicants are required to submit their application forms to any branch of Centenary Bank and upon payment of Ugx. 50,000 (Uganda Shillings Fifty Thousand Only) as non-refundable processing fees.
On completing the application form, online applicants are required to submit their application forms online upon payment of Ugx. 50,000 (Uganda Shillings Fifty Thousand Only) as non-refundable processing fees.
Please note that the Pay-in Bank Slip should be properly kept and will form the first level Loan Application acknowledgement receipt.
Please ensure that you read the application form carefully and attach /scan all the relevant documents as spelt out in the form.

Students’ Loan Coverage

The Students’ Loan will initially cover tuition fees, functional fees and research fees. The loan shall also cover aids and appliances for persons with disabilities.
NB:

  • Seek for the loan ONLY IF YOU NEED IT.
  • The application form is entirely free but a fully filled application form should be submitted to any Centenary Bank Branch after payment of Ugx. 50,000 (Uganda Shillings Fifty Thousand Only) as processing fees.
  • Students who have received Government or other scholarships are not eligible for the loan scheme.
  • You will be informed of the outcome of your application through the Print media, the HESFB website, and or via SMS on your private telephone contact.

Eligibility into the Scheme

Pursuant to Section 20 (1) of the Higher Education Students Financing Act 2014, the scheme is for Ugandan students seeking to pursue Higher Education in accredited institutions of higher learning recognized by the National Council for Higher Education and also pursuing the undergraduate programmes shown in table 1. Due to the limited funds allocated for the Scheme, the Board shall award loans to students pursuing such programs in year I & II.
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