HESLB Honors 11 Employers for Excellence in Higher Education Loan Repayment Compliance



The Higher Education Students’ Loans Board (HESLB) has awarded 11 employers for their outstanding performance in submitting employee information and facilitating the repayment of higher education loans for their staff. The initiative aims to encourage compliance with legal requirements and enhance the efficiency of loan recovery.

Speaking during the awards ceremony, HESLB Executive Director, Dr. Bill Kiwia, said that loan repayment is a legal obligation and that employers are required to submit details of newly recruited employees within 15 days of their employment to facilitate the recovery of outstanding student loans.

He noted that HESLB recognizes the significant contribution of institutions that comply with loan repayment regulations, which is why the board decided to honor them in order to motivate other employers to follow suit.

“Through these 11 employers, we have witnessed remarkable success in loan collection. The funds recovered help fulfill the educational aspirations of other young people seeking access to higher education,” said Dr. Kiwia.

He added that the number of students enrolling in higher education institutions continues to increase annually, leading to a growing demand for student loans. As a result, timely loan repayment remains crucial in enabling more students to benefit from the scheme.

According to Dr. Kiwia, HESLB’s loan recovery performance has improved steadily over the years. The board collected TZS 169 billion in 2022, TZS 177 billion in 2023, and TZS 194.5 billion during the 2024/2025 financial year. HESLB is targeting collections of TZS 220 billion in the 2026/2027 financial year.

He further explained that HESLB has continued investing in digital systems that simplify data management and debt collection processes, while also conducting public awareness campaigns on the importance of loan repayment.

“Some people believe they can avoid repaying these loans. I would like to emphasize that this is not a grant but a loan that must be repaid. We are finalizing a modern Artificial Intelligence (AI)-powered system that will help us trace and engage loan beneficiaries wherever they are,” he said.

Dr. Kiwia also revealed that HESLB is strengthening collaboration with strategic stakeholders, including National Social Security Fund (NSSF), Tanzania Posts Corporation, Tanzania Revenue Authority (TRA), Registration, Insolvency and Trusteeship Agency (RITA), National Identification Authority (NIDA), and Tanzania Commission for Universities (TCU) to enhance loan recovery efforts.

He stated that the awards symbolize appreciation for the patriotism and cooperation demonstrated by employers who fulfill their responsibilities in supporting national development.

Among the institutions recognized were Tanzania Revenue Authority (TRA), NMB Bank, Black Tanzania Limited, CRDB Bank, NBC Bank, Tanzania Empowerment Limited, Vodacom Tanzania, Shifaa Hospital, and Mohamed Enterprises Limited.

Speaking on behalf of TRA, Deputy Human Resources Manager Tija Opondwa thanked HESLB for recognizing employers who diligently fulfill their obligations in facilitating loan repayments, emphasizing that the authority treats the matter with utmost seriousness.

He noted that the awards would serve as motivation for other institutions to strengthen their efforts in meeting the same responsibility.

Meanwhile, Sahil Ratif, representing Shifaa Hospital, said the institution would continue upholding professionalism and excellence in service delivery while ensuring full cooperation with HESLB in the recovery of student loans.

The Assistant Director for Loan Issuance and Recovery at HESLB also noted that employers who cooperate with the board avoid penalties and fines associated with the failure to submit employee information or remit loan deductions on time.

“Employers do not pay these funds from their own pockets. They simply deduct the required amounts from the salaries of employees with outstanding loans. Fulfilling this responsibility on time helps them avoid unnecessary penalties,” he said.

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