Get Detailed information about HESLB Loan Allocation for Continuing Students. We have compiled for you the HESLB Loan Allocation for Continuing Students and other details. The Higher Education Students’ Loans Board (HESLB) was established by HESLB Act (CAP 178) and became effective in July 2005. HESLB is mandated to, among others, issue loans and or grants to needy and eligible students.
Continuing students who are loan beneficiaries
All continuing loan beneficiaries shall continue to receive loans as per their initial Means Test Grades upon submission of examination results/progress reports. It should be noted that, a loan beneficiary is a student who was registered, allocated and disbursed part of the loan awarded to him/her in the previous academic year in the event the student postponed studies.
Beginning academic year 2021/2022, all SECOND YEAR STUDENTS will be REQUIRED to submit their National Identification Number (NIN), the Registration number and the Bank Account details before any disbursement is made to them.