HIGHER EDUCATION STUDENTS’ LOANS BOARD OVERVIEW OF LOANS ALLOCATION AND DISBURSEMENT Presented to Students’ Loans Desk Officers (SLDO’s) Meeting-Bagamoyo 12th October, 2018 By Dr. Veronica Nyahende

OUTLINE Introduction What is expected from SLDO’s (TORs) Monitoring of the loans allocated and Disbursed, what is the lessons? Timeline 2018/2019

INTRODUCTION Why SLDOs? A link between HESLB & HLIs What is the Objective of this Working Session? Among others: To remind each other on the key roles and functions ( terms of References) Capacity building Imparting knowledge to new SLDOs

EXPECTATION FROM SLDOs Maintenance of correct students’ database/information (Allocated & Disbursed loans) Facilitate timely students’ payments (timely signing) Ensure timely allocation and Disbursement of loans (Exams results & invoices) Enhance/maintain communication with the Board to reduce students’ Queries (Students’ Complains Referral Form) A link between HESLB & HLIs What is the Objective of this Working Session? Among others: To remind each other on the key roles and functions ( terms of References) Capacity building Imparting knowledge to new SLDOs

MONITORING OF THE LOANS ALLOCATED AND DISBURSED - LESSONS Deduction of bank charges before transfer of fund to students accounts. Deduction made by HESLB from tuition fees (HLIs) without prior notes. Miscommunication between HESLB and HLIs Lack of allocation due to mismatch of index number used to apply loan and that of admission. Some few orphan students did not secure loan for academic year 2017/18 (absence of evidence)

TIMELINE 2018/2019 Timeline: May 10, 2018: Open Loan Applications’ Window (OLAMS) May 10- 15 August, 2018: Receive Loan Applications Aug 20 – Sept 30, 2018: Verification and Analysis Oct 10, 2018: Receive (validated) admissions’ list(s) from TCU; Oct 15, 2018: Announcement of Successful Loan beneficiaries

TIMELINE 2018/2019 Timeline: Oct 25, 2018 Loans Disbursement to HLIs & Students – Quarter 1 Nov 1, 2018 Open loan application window for appellants Nov 20, 2018 Loan Disbursement to HLIs & students qtr 2 Jan 20, 2019 Loans Disbursement to HLIs & Students – Quarter 3 April 20, 2019 Loan Disbursement to HLIs & students qtr 4

12th October, 2018 DLAD- HESLB dlad@heslb.go.tz vnyahende@heslb.go.tz