Public Announcement From HESLB Tanzania Wednesday, May 21, 2020. We would like to inform students of the benefits of government higher education loans through HESLB, that we have started making a total payment of TZS 63.7 billion as food and accommodation fees for the third quarter of the 2019/2020 academic year and funding. will reach all beneficiaries through their colleges by Thursday, May 28, 2020.
This move to start making payments follows instructions for the opening of tertiary institutions by June 1, 2020 that were issued today (Thursday, May 21, 2020) by Mr. President, Dr. John Magufuli in Dodoma. The government closed schools and colleges on March 16, 2020 as part of efforts to combat the corona virus and COVID-19 virus.
Under the existing system, food and accommodation fees are paid to the student beneficially four times throughout the academic year, ie every 60 days of the course that the student is required to attend. “By the time the colleges were closed, the beneficiary students had been paid the first quarter payment paid in November, 2019 and the second quarter paid in January, 2020,” said HESLB CEO, Abdul-Razaq Badru (pictured) today (Thursday, May 21). , 2020) in Dar es Salaam.
At the same time, in addition to the payment of food and accommodation fees to students, HESLB is also finalizing TZS 59.1 billion of student benefit payments which will be paid to more than 70 higher education institutions in the country.
Fees are payable to colleges twice a year, ie at the beginning of the academic year immediately after HESLB receives confirmation of student enrollment at the beginning of the second semester, in March. “The purpose of these payments is to enable educational institutions to cover operating costs and to provide targeted education to students studying at their institutions,” said Badru today (Thursday, May 21, 2020) in Dar es Salaam adding that the fee payment will be up to date. all colleges have submitted the HESLB claim by Friday, May 29, 2020