Victoria University launches students loan under HESFB

Victoria University has launched students loan scheme under the Higher Education Students Financing Board (HESFB).This was during the orientation of the new entrants at the University on 19th September 2022.
The launch comes only a month after Victoria University was granted a charter by National Council for Higher Education.

This implys that the students at Victoria University will be in position to apply for and study science courses on loan basis. Applications for student loans are ongoing with the deadline set for October 15th, 2022.

Background
The Higher Education Students Financing Board (HESFB) was established by an Act of Parliament to manage the Students’ Loan Scheme. The Board has received funds from the Government of Uganda to be used for financing the Ugandan Students who are pursuing studies in Higher Education Institutions in Uganda.

The objectives of the Students’ Loan Scheme are:-
To increase equitable access to Higher Education in Uganda;
To support highly qualified students who may not afford Higher Education;
To ensure regional balance in Higher Education services in Uganda;
The HESFB therefore invites applications for loans from eligible Ugandan students who have been admitted for the Programmes / courses listed and in the Universities / Institutions.