HESLB: How To Appeal Jinsi ya Kukata Rufaa Bodi ya Mikopo 2023
Intro
Higher Education Students’ Loans Board (HESLB ) in Tanzania provides loans to students studying in accredited Higher Learning Institutions. Every year HESLB accepts applications for loans for the academic year for those eligible for the microloans. After a loan has been issued, borrowers may appeal for more financial aid from HESLB. Here is how you can appeal for the HESLB loan body for 2023:
Steps Involved
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- Step 1: Submit your application for the loan.
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- Step 2: Receive the response from HESLB regarding the loan.
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- Step 3: Assess if your financial aid amount received is sufficient for your studies.
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- Step 4: If you deem the amount insufficient, appeal by submitting a letter of appeal to HESLB.
What to Include in the Appeal
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- Your name and contact information, along with your student identification number.
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- The name of your university and the degree you are pursuing.
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- A description of how the original amount was not sufficient for your studies including any additional costs you may need to bear.
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- Provide additional documentations to support your appeal such as financial documents and the list of necessary expenses.
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- Your intended repayment plan.
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- An explanation of why and how a larger loan amount would affect your academic success.
HESLB Appeal Forms | www.heslb.go.tz Appeals
HESLB Appeal Forms
(i)All appeals will attract a non-refundable fee of Tzs. 10,000/= per appeal which should be paid through M-Pesa and the Transaction ID generated should be input into the Online Loan Application and Management System prior to appealing online.
(ii)You must complete the relevant Online Appeal Forms, make a printout of the same and attach thereto the necessary supporting
documents. The Online Appeals Form is accessible through http://olas.heslb.go.tz
(iii)After successful completion of the Online Appeal Form, the appellant must download the form and attach the necessary documents and hand over to the respective Higher Education Institution Loan Desk Officer.
(iv)Appeals must be routed through the respective Loan Desk Officers who will collect all appeal forms from their respective Institutions and submit them under covering letters to the Board. The Board will not accept any appeal forms that will be submitted directly by students to the Board.
Conclusion
After you have submitted your appeal letter to HESLB, wait for a response from them. If your appeal is accepted, you may be eligible for additional funding. However, if the appeal is denied, consider alternate sources of funds or loan repayment plans that may be available to you.
Following the steps above you can successfully appeal to the HESLB loan body for the academic year 2023. Recently, Higher Education Students Loans Board (HESLB) announced new guidelines and regulations for 2021/2022 and 2022/2023 loan period to have according to the loan guidelines and Students Loan Act of 2012.
In compliance with HESLB regulations, the deadline for loan obligation is set on 30th June of every loan period. To appeal the loan obligation fee from HESLB, the student must submit a written appeal to the Business Section of the Loan Board.
In the appeal, the student is required to state the reasons for the delay and the necessary steps taken by the student to reduce the chance of any delay in the payment of the loan. The appeal should include bank statements for the past three months and the estimated duration necessary for the student to regularise the loan balance.
The Loan Board will deliberate the issue and issue a final decision within 45 working days. The students should stay in contact with the Loan Board and make sure they deliver whatever was stated in their appeal to the Board.
It is important to note that the appeal can only be granted once and the late payment charges will still be applied. An unsuccessful appeal might be accompanied with a further sanctions on the loan balance. To appeal, students should visit the Loan Board Business Section in the nearest HESLB office.
The Higher Education Students Loans Board wishes to remind students to make sure to fulfil their financial obligations and pay the loan on or before the deadline in order to avoid any delay and future sanctions.
