Maombi ya mkopo kwa wanafunzi wa Diploma 2023/2024. HESLB executes one of the key mandates in administering loans to students pursuing higher education. Every year, the Board prepares the Loan Application almanac to guide on the process of loan issuance to needy and eligible students. As per the almanac, Loan Application Window opens once annually. Both undergraduate and postgraduate students who are eligible are invited to apply.

Criteria on eligibility and the application process is stipulated in the Loan Application Guideline for the respective year which can be downloaded on this site. Prospective applicants are encouraged to read the guidelines carefully, prepare the prerequisites and make their application online through the Online Application and Management System (OLAMS).

Maombi ya mkopo kwa wanafunzi wa Diploma 2023/24

All applicants for educational loans at the Diploma level for the academic year 2023/2024 are informed to consider the following points:-

(i) Read and follow the application procedures in the Guide for the academic year 2023/2024;
(ii) To ensure that the number of the fourth form test that the applicant will use is the same as the one he will apply for college admission;
(iii) Ensuring that all loan application documents submitted by the applicant have been verified by the relevant authorities;
(iv) Applicants should fill out their forms completely and sign them before submitting them to HESLB online;
(v) Ensuring that birth/death certificates have been verified by the Registration, Insolvency and Trust Agency (RITA) or the Zanzibar Social Events Registration Agency (ZCSRA) or an officer appointed to verify the validity of such documents;
(vi) For the applicant who has his bank information to fill in correctly on the loan application form;
(vii) For the applicant with a telephone number and national identity card (NIDA) make sure that he fills in those numbers when applying for a loan.
(viii) All applicants are reminded to observe the deadline for online application.

OPENING THE APPLICATION WINDOW
For students hoping to apply for educational loans at the Diploma level, the loan application window for the academic year 2023/2024 will be open from December 21, 2023 to January 04, 2024 for second phase

Vigezo vya maombi ya mkopo kwa wanafunzi wa Diploma 2023/24

The Laws and Regulations of the Credit Board specify the qualifications and general criteria for students who need a loan after being admitted to an accredited college. The applicant must have the following qualifications:-

 Basic Criteria of the Loan Applicant
(i) Must be a Tanzanian not exceeding 27 years of age at the time of applying for a loan;
(ii) He must have been admitted to an educational institution that provides middle level education in the country;
(iii) He has completed and submitted the loan application through the loan application system (OLAMS);
(iv) He does not have a job or contract with the government or the private sector that provides him with a salary or income;
(v) Must have graduated from the fourth form (CSEE), Certificate (diploma) or sixth form (ACSEE) or within five years; i.e. between 2019 and 2023.

DOCUMENTS TO ATTACH DURING LOAN APPLICATIONS

The following are the important documents to attach to the loan application:-
(i) Birth certificate from the relevant authorities, ZCSRA for applicants from Zanzibar or verification number from RITA for applicants from mainland Tanzania;
(ii) Parents’ death certificates confirming orphanhood from the relevant authorities, ZCSRA for applicants from Zanzibar or verification number from RITA for applicants from Mainland Tanzania;
(iii) A form to confirm the disability of the applicant approved by the Chief Medical Officer of the District (DMO) or the Chief Medical Officer of the Region (RMO);
(iv) A form to confirm the disability of the applicant’s parent approved by the Chief Medical Officer of the District (DMO) or the Chief Medical Officer of the Region (RMO);
(v) Beneficiary’s household number from the Social Development Fund (TASAF).

How to Apply 

All loan applications will be processed through the Loan Application and Management System (OLAMS). All loan applicants are REMINDED to use the same Form Four Test number used during admission.

After completing the online application process, applicants will have to download copies of the application forms and loan agreements online, stamp the relevant sections, sign the form, attach the required documents and submit the signed pages (numbers 2 and 5) of the application form. in OLAMS.

  • Visit https://olas.heslb.go.tz/
  • You will welcoming message which state that “Welcome to the HESLB’s Online Loan Application System (OLAMS) for 2023/2024 Academic Year”
  • If is the first time and you want to apply for a loan go to Loan Application then Click create account
  • If you is a loan beneficiary go to Loan Beneficiary then create account in order to make load Repayment

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