DIRECTORATE OF LOANS ALLOCATIONS AND DISBURSEMENT PDF Print E-mail

The Division is responsible for:

·         To prepare instruments to be used to determine needy Tanzanian students for the purpose of granting them loans.

·         To ensure smooth linkages and exchange of information between the Board and local and international higher education institutions.

·         To ensure timely preparation of progress reports on loan disbursements.

·         To initiate review of policies and regulations relating to loan processing, allocation and disbursement.

·         To communicate with the applicants on the final determination of their applications.

·         To respond timely to loan complaints.

·         Scrutinizes loans applications and cross check its compliance to approved criteria.

·         Verify attached documents or require such other documents securities and or information from the applicants.

·         Initiates preparation of instruments or mechanisms to be used for determining needy students and ensure implementation of it.

·         Ensures that loans applications and other records are under proper custody.

·         Ensures strict adherence to the approved procedures for loans allocation processing.

·         Verifying disbursement requests and Invoice received from Higher Education Institutions

·         Checking all entries in the loans application register and in the computer system.

·         Identifying qualified loan recipients and endorse them for disbursement.

·         Scrutinizing and verifying loan disbursement requests.

·         Preparing loan disbursement schedule.