Race begins for Sh1.07 trillion as HESLB launches university loan applications

HESLB Executive Director, Dr Bill Kiwia (centre), addresses journalists in Dar es Salaam on June 19, 2026, during the official launch of the 2026/27 higher education student loan application window. Accompanying him are HESLB Director of Loan Allocation and Disbursement, Dr Peter Mmari (right), and Director of Finance and Administration, Dr Elihuruma Lema. PHOTO | MICHAEL MATEMANGA.

Dar es Salaam. Thousands of students seeking to pursue higher education this year have at least two months to submit their applications for loans and grants from the Higher Education Students’ Loans Board (HESLB).

The fund, which will support an estimated 280,000 students during the 2026/27 academic year, is among the largest investments by the government in higher education financing, reflecting the expanding access to university and tertiary education.