Key Highlights
Introduction
The Uganda Higher Education Students’ Financing Board (HESFB) is a fund intended to provide financing to Ugandan students who have qualified for higher education in recognized institutions of higher learning but are unable to support themselves financially.
Vision
Access to higher education for all Ugandans.
Mission
To provide student loans to eligible citizens of Uganda to enable them access higher education at affordable rates and increase equitable access to higher education in the country.
Our Core Values
In pursuing these objectives, The Higher Education Students Financing Board will abide by the following core values:
The Scheme is for Ugandan students seeking to pursue higher educa-tion in an accredited institution of higher learning recognized by the National Council for Higher Education and also pursuing an accredited programme. The applicant will have been admitted to an accredited Higher Education Institution. The applicant will be required to make a written application to the higher Education Students’ Financing Board by filling in a required form and submit it within a specified timeframe.
The Higher Education Students’ Financing Board will initially offer loans to students pursuing both sciences and non sciences in local public and private chartered universities pursuing courses considered to be critical to national development and covering human capital gap.
Over the following years the loans shall be extended in the ratio of 3:2 Humanities to Science programmes. The programs to be awarded loans will be decided upon by the Board with the approval of the Minister. - See more at:
In the interim, there will be cost sharing between the government and the students whereby the Higher Education Students Financing Board shall cover tuition fees, functional fees, research fees and Aids and appli-ances for Persons With Disabilities (PWDs).
Application for the loan shall be as follows:-
Initially the loan amount is put at a capping of a weighted average Unit cost of UGx. 4 Million to cater for the pedagogical component (tuition fees, re-search fees, functional fees, aids & appliances for persons with disabilities) while the non pedagogical component such as accommodation, meals, transport costs etc will be cost shared by the students.
FREQUENTLY ASKED QUESTIONS (FAQs)
Question: What is Higher Education Students’ Financing Board?
Answer:
This is a Board intended to provide loans and scholarships to Ugandan students who have qualified for higher education in recognized institutions of higher learning but are unable to support themselves financially.
Question: Why Higher Education Students’ Financing Board?
Answer:
It is intended to address the following objectives:-
Disclaimer: Makerere University does not take responsibility for the accuracy of information displayed about the Higher Education Students' Financing Board (HESFB) on this website.
For further guidance, please reach the Board at the address below