HESLB News Today -HOW HESLB LOAN PAYMENTS ARE PAID INTO ANY BANK ACCOUNT. We would like to remind student beneficiaries of higher education loans that the payment of loan funds provided by the Government through HESLB is paid and received by the student-beneficiary through his bank account he chose and registered to receive his loan funds.
This explanation is given following questions and comments from various stakeholders including student loan beneficiaries as well as Student Government leaders.
It will be remembered that, through our announcements for loan applicants for the year 2023/2024 issued from July to October, 2023, we urged all student loan applicants and beneficiaries to open bank accounts in financial institutions of their choice. Read More : HESLB ANNOUNCES RECIPIENTS OF ‘DIPLOMA’ LOANS 2023/2024
Thus, this clarification aims to remind the student-beneficiaries of loans that the procedures and payment systems of HESLB loans allow all beneficiaries to be paid on time through various bank accounts of their choice.
With this clarification, we assure all students benefiting from higher education loans from HESLB that each beneficiary who completed the registration procedures at the college and on the HESLB payment system (DiDiS) will be paid their money on time through the bank account they chose.
Higher Education Student Loans Board (HESLB),
PSSSF Building, Makole Road,