BODI YA MIKOPO 2018/2019
This is to inform all expected loan applicants (new and continuing students) for 2018/2019 that our online loan application window will be open from Thursday, May 10th, 2018 to Sunday, July 15th, 2018.
For now, expected loan applicants are requested to familiarize themselves with the ‘Guidelines and Criteria for Issuance of Loans for 2018/2019 Academic Year.’
GUIDELINES AND CRITERIA FOR ISSUANCE OF STUDENTS’ LOANS AND GRANTS FOR THE 2018/2019 ACADEMIC YEAR
1.0 IMPORTANT INSTRUCTIONS TO ALL LOAN APPLICANTS
All loan applicants for Academic Year 2018/2019 are reminded to:
(i) Online loan application window will be open from Thursday, May 10th, 2018 through Sunday, July 15th, 2018;
(ii) Read and follow application procedures stated in these guidelines for Academic Year 2018/2019;
(iii) Ensure that the Form IV Index Number provided when applying for loans matches with the one used in your application for admission;
(iv) Ensure that all documents submitted to support your application have been certified by relevant authorities as specified in the guidelines;
(v) Ensure that all birth/death certificates and other certificates are certified by Registration, Insolvency and Trusteeship Agency (RITA) or the designated officer(s) to ascertain their validity. However, District Social Welfare Officer (DSWO) will have to endorse parent’s death report from village or ward authorities;
(vi) Ensure that details about parents/guardians/guarantors (occupation, employer address, telephone number, postal and physical addresses) are complete and correct. Applicants whose parents are leaders listed in Public Leadership Code of Ethics Act 1995 are ineligible;
(vii) Applicants whose parents/guardians are business owners, senior managers and directors in established business and service sectors recognized by revenue and registration authorities are ineligible;
(viii) Applications must be completed with correct (and accurate) details;
(ix) All applicants are advised to keep a copy of complete package of application form submitted to HESLB for future reference (if required) and
(x) All applicants must strictly observe application deadline.
2.0 OVERVIEW
The Higher Education Students’ Loans Board (HESLB) was established under the Act No. 9 of 2004 and became effective in July 2005. HESLB is mandated to, among others, issue loans and or grants to needy and eligible students. Application window for Academic Year 2018/2019 will be open from May 9, 2018 through July 15, 2018.
3.0 ELIGIBILITY
HESLB Act and regulations provide for General Eligibility and Criteria for applicants seeking loans. NEEDY and ELIGIBLE applicants may apply for loans and/or grants to meet part, or full costs of their education.
3.1 Needy
In addition to general eligibility, additional criteria define NEEDY applicant who should not exceed 33 years of age at the time of application, who may:-
(i) Be a poor orphan (who has lost both parents) or partial orphan (who has lost one parent) has to be certified by RITA.
(ii) Have disability that has to be certified by District Medical Officer (DMO), Regional Medical Officer (RMO), or any entity authorized to certify such cases (as may be specified).
(iii) Have parents with disability to be certified by District Medical Officer (DMO), Regional Medical Officer (RMO), or any entity authorized to certify such cases (as may be specified).
(iv) Be from lower income household and/or marginalized community whose secondary or diploma education was sponsored by recognized institutions. Applicants will be required to provide written and authenticated evidence of such sponsorships.
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