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LOANS UPDATES, HESLB: NEW PROPOSED SYSTEM TO PROVIDE LOANS FOR STUDENTS.





The Parliamentary Standing Committee on Social Development, has advised the Government through the Higher Education Loan Board (HESLB) to put student funds directly into their personal accounts to avoid emerging challenges.

Reading the Committee's speech to the Ministry of Education, Science, Technology and Technical, the parliament today, April 29, Vice Chairman of the committee, Juma Nkamia said the students have been getting too late to get funding for various challenges facing their colleges and some banks in the country.


He said because of some colleges that have a mortgage debt bank, student funds have been prevented and thus have a difficult situation for students.


 Nkamia, who is also a parliament member (MP's) of Chemba, (CCM) said the committee has advised the government to improve the interests of the lecturers and university staff, especially the housing allowance to avoid harmful impacts.

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