Higher Education Students Financing Board

Who are we?

The Higher Education Students’ Financing Board (HESFB) was established in February, 2014 by an Act of Parliament HESFB Act No. 2 of 2014, with a mandate to provide Loans and Scholarships to Ugandan students to pursue Higher Education.

HESFB is intended to provide loans and scholarships to Ugandan students who have qualified to pursue accredited courses of study or programmes in the recognized Higher Education Institutions in Uganda but are unable to support themselves financially. HESFB implements the Students Loan Scheme. 

MOTTO:

Increasing Access to Higher Education.

OUR MISSION

“To provide financing to eligible citizens of Uganda and increase equitable access to Higher Education in the country”

OUR VISION

“Equitable Financing of Higher Education in Uganda”

CORE VALUES

Fairness, Transparency, Integrity, Courteous, Innovativeness

To increase equitable access to Technical and Higher Education.
To support highly qualified Ugandan students who may not afford Higher Education.
To ensure regional balance in Higher Education services in Uganda.
To support courses critical for national development.
To ensure a sustainable revolving loans fund.

Our Board

Information and profiles of the HESFB Board of directors

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Board of Directors

The Board of Directors is the governing body of the Board and accountable for reviewing, evaluating and making recommendations about the Board’s Strategic plan and objectives. The Board is headed by the Chairman and consists of nine directors, each of whom is appointed by the Minister of Education and Sports for a three-year renewable term. Directors include one Executive Director and eight Non- Executive Directors who represent each of the stakeholder groups of members and Government.

Dr. Eng. Charles Wana-Etyem (PhD)

Board Chairman

Michael O. Wanyama (CPA)

Executive Director 

Fred Toskin Cherukut

Board Member

Prof. Joy Constance Kwesiga

Board Member

Masuba George

Board Member

Mustapha Achidiri

Board Member

Tom Amiti

Board Member

Dr. Jane Egau Okou

Board Member

Rehema Namarome

Board Member

Rev. Canon Dr. Alex Mugisha Kagume

Board Member

Our Management Team

Information and profiles of the HESFB Management Team

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Management Team

The Board’s Executive Committee provides the overall organization’s direction and acts on behalf of the Board of Directors. They are responsible for overseeing the daily implementation of Board policies and the Schemes’ strategic direction.

Michael O. Wanyama (CPA)

Executive Director 

Christopher Birungi

Director Finance & Administration

Kizito Bbosa

Director Operations

Moses Barisigara

Manager ICT

Peace Ategeka

Senior Human Resource Officer

Timothy Makokha

Manager Recoveries

Timothy Ojara

Manager Legal Affairs​

Hannington Ojambo

Senior Internal Auditor

Alex Ngobi Kazinga

Senior Monitoring & Evaluation Officer

ED's Welcome Messages

Hello our Visitors,

My greetings from the Higher Education Students Financing Board (HESFB)
The Higher Education Students Financing Board (HESFB) or sometimes referred to as “The Board” operates this website as one of our numerous platforms to enhance communication and ensure smooth flow of information with you our stakeholders.

The Higher Education Students’ Financing Board is a semi-autonomous government body established in May, 2014 by an Act of Parliament HESFB Act No. 2 of 2014, with a mandate to provide financing for Higher Education in form of loans and scholarships.

The Board offers Loans and Scholarships to Ugandans who intend to pursue accredited courses of study or programme of Higher Education in accredited institutions of higher learning, recognized by National Council for Higher Education (NCHE).