Dar es Salaam. Tanzania’s Higher Education Students’ Loans Board (HESLB) has become increasingly dependent on government funding over the last five years, a situation that risks the sustainability of higher education financing, a new report reveals.
According to the Controller and Auditor General (CAG) report that covered the 2019/20 to 2023/24 period in HESLB performance, government contributions to the student loans fund rose significantly—from 57 percent of total financing in 2019/20 to 73 percent in 2023/24.