The Government of Uganda through the Higher Education Students’ Financing Board (HESFB) is set to finance final year students on loan to enable them complete their studies.

This was announced today by the HESFB Executive Director Mr. Micheal O Wanyama who said that this initiative is aimed at helping students facing financial challenges.

“I announce that in the Academic year 2021/2022, the higher education students’ financing board will be receiving applicants from final year students who need a financial intervention to finalize their programmes of study,” he revealed.

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Applicants should be doing HESFB’s approved STEM programmes or programs approved under affirmative action and they should demonstrate the financial need. And on top of that, they should be Ugandans.

Over the past 6 years, Government has been assisting new university entrants with loans to aid them undertaking their studies and then pay after studies. Currently over 10000 students are benefiting from this scheme.