Dar es Salaam. The Higher Education Students' Loans Board (HESLB) has announced the first batch of university students who were allocated with loans for 2024/25 academic year.

According to the board’s executive director, Dr Bill Kiwia, the list contains 21,509 students who will receive loans worth Sh70.78 billion.

The list, announced on Saturday, September 28, 2024, covers first-year students pursuing undergraduate degrees, students enrolled in the Law School for practical training, and Master's degree students.

Dr Kiwia said students can access detailed information about their loan allocations through the accounts they used to apply for the loans, known as the Student’s Individual Permanent Account (Sipa).

“We have started releasing loan allocation information for all groups, including those allocated loans and those whose applications are still being processed. Each applicant can access their information through the same account they used to apply for the loan,” said Dr Kiwia, adding that there is no need to visit HESLB offices.

He said the allocation of loans for diploma and PhD students is still ongoing.

According to him, HESLB has already begun preparing payments for both new and continuing students who are loan beneficiaries, with the aim of ensuring timely disbursement of funds to universities.