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Loan Coverage & Disbursement

Loan Coverage & Disbursement

Loan Coverage
1) A loan covers the following:-
a) Tuition fees;
b) Functional fees;
c) Research fees;
d) Aids and appliances for Persons With Disabilities (PWDs)

In future on availability of funds, a loan may include specified amounts in respect to accommodation or meals, where the Board determines that the funds are sufficient to provide those items. The amount varies from course to course and from Institution to Institution since there is no uniform cost.

Loan Disbursement
HESFB upon receipt of an invoice from the Institution and Loan Beneficiary will remit to the University’s account all amounts applied for by the students on a semester basis.