HESFB Announces Reason for Delay in Loan Scheme List for AY 2022/23

HESFB Announces Reason for Delay in Loan Scheme List for AY 2022/23

HESFB Publicizes Cause for Delay in Mortgage Scheme Listing for AY 2022/23

On the 𝐃𝐞𝐥𝐚𝐲𝐞𝐝 𝐨𝐧 𝐑𝐞𝐥𝐞𝐚𝐬𝐞 𝐨𝐟 𝐋𝐨𝐚𝐧 𝐒𝐜𝐡𝐞𝐦𝐞 𝐋𝐢𝐬𝐭 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐀𝐘𝟐𝟎𝟐𝟐/𝟐𝟑, please take be aware.

Resulting from circumstances past Larger Training College students Financing Board (HESFB) management, there shall be a delay within the launch of the record of profitable College students’ Mortgage Scheme Beneficiaries for the AY2022/23.

Whereas they  deal with this with utmost urgency, they perceive that this has inconvenienced candidates whose Establishments are already open for semester one research.

They’re doing every little thing potential to entry the mandatory approvals and can talk the discharge date as quickly as potential.

The Larger Training College students’ Financing Board (HESFB) was established in February, 2014 by an Act of Parliament HESFB Act No. 2 of 2014, with a mandate to offer Loans and Scholarships to Ugandan college students to pursue Larger Training.

HESFB is meant to offer loans and scholarships to Ugandan college students who’ve certified to pursue accredited programs of research or programmes within the acknowledged Larger Training Establishments in Uganda however are unable to assist themselves financially. HESFB implements the College students Mortgage Scheme.

Targets of College students’ Mortgage Scheme

To extend equitable entry to Technical and Larger Training.
To assist extremely certified Ugandan college students who might not afford Larger Training.
To make sure regional steadiness in Larger Training companies in Uganda.
To assist programs essential for nationwide growth.
To make sure a sustainable revolving loans fund.

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