Higher Education Loans & Scholarship Board (HELSB)
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Higher Education Loans & Scholarship Board (HELSB)
Although it is recognized that admission into University is not tied to the award of student loans, more than 90% of admitted students apply for Government support or sponsorship to enable them pursue their studies.
The Higher Education
Loans and Scholarships
Board (HELSB) was
established by the
Higher Education Loans
and Scholarships Act
No. 31 of 2016. HELSB
replaced the Bursaries
Committee which was
established by
Statutory Instrument
No. 182 of 1973 of the
Education Act CAP 134
of the Laws of Zambia.
HELSB has taken over
the administration of
student loans and
scholarships from the
Bursaries Committee.
Currently Student Loans
are given to
Undergraduate Students
joining UNZA, CBU, KMU,
MKU, MU, CHAU, KNU, PU
and ZUT from secondary schools
across the country. The
loans cater for tuition
fees, accommodation
fees, meal allowances,
book allowances and
project allowances.
HELSB Zambia provides a range of financial assistance programs, including student loans and scholarships. Our schemes are designed to alleviate the burden of educational expenses and promote academic excellence. We aim to nurture talent and empower individuals to achieve their academic goals.
A beneficiary is expected to start paying back their student loan after the one year grace period elapses. This one year grace period starts after a beneficiary completes their studies. A beneficiary is expected to visit HELSB offices for enquires on the loan repayment process and terms of repayment.
