Government opens application for 2020/21 student loan scheme

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The Uganda government has opened applications for students’ loans from Ugandans who have been admitted for undergraduate and diploma programmes for the forthcoming 2020/2021 academic year.

According to the executive director of Higher Education Students’ Financing Board (HESFB), around only 1,200 students are set to benefit from the loans with the deadline for application slated for July 31.

Also Read: Vice-chancellors urge government to extend student loan scheme to all students following COVID-19 crisis

“The board has received funds from the government of Uganda to be used for financing Ugandan students who are admitted in higher education institutions in Uganda but unable to support themselves financially,” Mr Michael Wanyama, the HESFB ED said.

Many universities, especially private ones, have already issued admission letters to their students. However, government institutions are yet to do the same.

Mr. Michael Wanyama encouraged those who have already received their admission to start applying.

Unlike in the previous years where the scheme could only cater for students opting for science courses, the government has extended the student loan scheme to Arts courses including students with special needs.

Also Read: What Next for the Ugandan Economy after Covid 19? – Prof. Waswa Balunywa

Students falling outside the special needs will only be considered for Arts courses in Bachelor of Education, Special Needs Education, Bachelor of Speech and Language Therapy and Bachelor of Teacher Education with Special Needs Education. Science courses, including Bachelor of Medicine and Surgery, Dental Surgery, and Nursing Pharmacy, have been maintained.

Click here to find out how to apply for the students loan scheme.

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