HESLB Online Loan Application and Management System (OLAMS) 2021/2022
2021/2022 HESLB Online Loan Application and Management System (OLAMS). HESLB OLASM is an online loan application mechanism for Tanzanian students who want to pursue higher education.
The Online Loan Application and Management System (OLAMS) is pleased to welcome you. The system is only available to Tanzanian citizens.
Please provide accurate personal information and follow all instructions.
The following OLAMS options are available:
Loan Applicants.
- Apply for Loan
- Login for Registered Applicants ?
- Applicant’s Loan Status
- Forgotten the password ?
Loan Beneficiaries.
- Create Account ?
- Login ?
- (View your loan allocations, disbursements, and repayments or communicate with us)
Loan Repayment.
- Register ?
- Login ?
- Employer Register ?
- Employer Login ?
Administrators.
- Administrators and Loan Officers ?
Note!
The OLAMS (Online Loan Application and Management System) for 2023/2024 is now open till September 30th, 2021. click here
Frequent Asked Questions about HESLB Online Loan Application
What is the HESLB online loan application system?
The HESLB online loan application system is a web-based platform that allows students to apply for loans from HESLB. The platform allows students to create an account, fill out the loan application form, and submit it online.
How do I access the HESLB online loan application system?
To access the HESLB online loan application system, you need to have an internet-enabled device such as a computer, tablet, or smartphone. You can access the system through the HESLB website.
Who is eligible to apply for a loan through the HESLB online loan application system?
To be eligible for a loan through the HESLB online loan application system, you must be a Tanzanian citizen and have been admitted to a higher learning institution in Tanzania. You must also have a valid admission letter, an academic certificate, and a National Identification Number (NIN).
What information do I need to provide when applying for a loan through the HESLB online loan application system?
When applying for a loan through the HESLB online loan application system, you will need to provide personal information such as your name, date of birth, contact details, and NIN. You will also be required to provide information about your academic background, the institution you will be attending, and the program you will be studying.
Can I save my progress on the HESLB online loan application system and complete it later?
Yes, you can save your progress on the HESLB online loan application system and complete it later. The system allows you to save your progress and come back to complete it at a later time.
How long does it take for my loan application to be processed?
The processing time for a loan application submitted through the HESLB online loan application system can vary depending on the number of applications received and the completeness of your application. However, the HESLB usually communicates the outcome of loan applications within 30 days of the application deadline.
How will I know if my loan application has been approved or rejected?
You will receive an email and an SMS notification from HESLB once your loan application has been processed. The notification will indicate whether your application has been approved or rejected. If your application is approved, you will be given further instructions on how to access the loan.
In conclusion, the HESLB online loan application system is an efficient and convenient way for eligible students in Tanzania to apply for loans to fund their higher education. By providing accurate and complete information, students can increase their chances of being approved for a loan through the system.
