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HESFB Launches Student Loan Repayment Using Airtel Money

The Higher Education Students’ Financing Board (HESFB) has launched and Airtel Uganda have launched a payment system where you can pay your Student Loan Installment in any convenient place and instantly on your mobile or smartphone without having to wait in long bank hall queues.

This development follows the network service provider issuing HESFB with Business Number;1238512, which will be used by Beneficiaries in the repayment process.

The process also includes a Beneficiary inputting their HESFB Number (e.g HESFB/2022/12345) or Full Names as the payment reference for system reconciliation.

This payment process will be used by both Students and parents who are engaged in early repayment (payments made while still studying) and the Beneficiaries who are already in the Repayment window.

How to make your Student Loan payments using Airtel Money – Steps

  1. Dial *185#
  2. Select: Pay Bill
  3. Select:  Option 9 Others.
  4. Enter Business Number: 1238512
  5. Enter Amount: Loan Installment
  6. Enter Reference: HESFB No / Beneficiary’s Full Name
  7. Enter Airtel Money PIN

Or

DIAL *185*4*9# > Enter Business Number > Enter Amount > Enter Reference > PIN

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