Kampala, Uganda | THE INDEPENDENT | The Higher Education Students Financing Board (HESFB) has said that they will not give out loans to continuing students this year. Since 2014, eligibility for the Student Loan Scheme was only open to students joining in their first year of study at eligible universities, …
Read More »Student loan application centre unveiled in West Nile
Arua, Uganda | THE INDEPENDENT | A new centre to facilitate online applications for students seeking government loans, to study in higher institutions of learning has been unveiled in the West Nile region. The Higher Education Financing Scheme was started in 2014, with funding from the government of Uganda to support …
Read More »Only 1.5% repaying gov’t student loans as applicant numbers rise
Kampala, Uganda | THE INDEPENDENT | Many students are rushing to apply for government loans to pay for their university education but hardly any are paying back the money. It transpires that only 1.5% have been servicing their loan, long after they graduated and started working. The Higher Education Students Financing …
Read More »West nile leaders seek equity in distribution of higher education loans
Arua, Uganda | THE INDEPENDENT | Political Leaders and Educationists in the West Nile are calling for deliberate efforts by the government to ensure regional equity in the enrollment of students to the higher education loan scheme. The scheme is managed by the Higher Education Students Financing Board-HESFB, a government …
Read More »COMMENT: Developing skilled human capital
COMMENT: By Michael Wanyama Success, challenges of funding higher education institutions through student loan scheme It is now three years since the establishment of the student loan scheme in 2014 in Uganda. The idea of the student loan scheme was propelled by His Excellency, the President of the Republic of …
Read More »Higher education financing
COMMENT: Michael O. Wanyama The Government of Uganda introduced the student loan scheme in 2014 primarily to increase access to higher education and support students who may not afford higher education. To achieve its objective, the Higher Education Students Financing Board was established by an Act of Parliament No. 2 …
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