Busitema University Scholarships 2022-2023

By | February 7, 2022

Busitema University Scholarships 2022-2023

Busitema University Scholarships 2022-2023: Most prospective students have concerns about funding. Coming to university may be your first experience away from home, and it is natural to wonder how you will manage. We understand your financial concerns and, in this section, we provide some information on sources of funding and guidelines on how to finance your studies.

As a student, you will find that careful financial planning and management is essential. This is even more important if you are meeting the cost of studying yourself, or if you are studying away from home. A significant number of students fund their studies through a combination of scholarships, bursaries (either administered by the University or by organizations outside the University), loans, help from parents, sponsorship by companies, and through part-time and vacation work. We encourage you to explore all financial assistance possibilities.

Higher Education Students’ Financing Board-HESFB

The Uganda Higher Education Students’ Financing Board (HESFB) is a fund intended to provide financing to Ugandan students who have qualified for higher education in recognized institutions of higher learning but are unable to support themselves financially.

Vision

Access to higher education for all Ugandans.

Mission

To provide student loans to eligible citizens of Uganda to enable them access higher education at affordable rates and increase equitable access to higher education in the country.

Our Core Values

In pursuing these objectives, The Higher Education Students Financing Board will abide by the following core values.

HESFB Loan Coverage

In the interim, there will be cost sharing between the government and the students whereby the Higher Education Students Financing Board shall cover tuition fees, functional fees, research fees and Aids and appliances for Persons With Disabilities (PWDs).

HESFB Eligibility Criteria

The Scheme is for Ugandan students seeking to pursue higher education in an accredited institution of higher learning recognized by the National Council for Higher Education and also pursuing an accredited programme. The applicant will have been admitted to an accredited Higher Education Institution. The applicant will be required to make a written application to the higher Education Students’ Financing Board by filling in a required form and submit it within a specified time frame.

  • The Ministry of Education, Science, Technology and Sports will run an official advert in the major print media of national coverage calling eligible students to apply when the law is passed  by Parliament.
  • The Loan & Scholarship Scheme is meant for Ugandan students ONLY.
  • The Loans shall be disbursed to the Universities.
  • The Loan shall cover Tuition, Research and Functional fees ONLY.
  • The Loan will attract an Interest determined by the Board and approved by the Minister.
  • The Loan will initially benefit 1,000 Students to pursue Science related programs in both Public and Private Universities (Chartered universities)
  • Different stakeholders have been consulted on this matter and these include among others( All Public Universities, All Private Chartered Universities, Solicitor General’s Office,  Local Government Administration, Ministry of Finance, Planning and Economic Development, Parliament and International bodies that have implemented the Students’ Loan Scheme.

HESFB Loan Amount

Initially the loan amount is put at a capping of a weighted average Unit cost of UGx. 4 Million to cater for the pedagogical component (tuition fees, re-search fees, functional fees, aids & appliances for persons with disabilities) while the non pedagogical component such as accommodation, meals, transport costs etc will be cost shared by the students.

For more information on our student loan funding and grants, please contact our help desk for further assistance

P. O. Box 236, Tororo

Tel: +256 454 448813 (office)

or +256 454 448823 (office)

Fax:+256 45 4436517

Email: us@adm.busitema.ac.ug

or usbusitema@hotmail.com

RELATED LINKS

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Busitema University Online Application 2022-2023 | How To Apply

Busitema University Direct Entry Scheme Admissions 2022-2023

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See Also:

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