27/08/2025
Press Statement on the award of student loans to first-year students at Nkwame Nkrumah and Mukuba Universities.
Issued by Chiselwa Kawanda
Manager Corporate Affairs
Higher Education Loans and Scholarships Board.
27/08/25
The Higher Education Loans and Scholarships Board (HELSB) has awarded student loans to 1,270 first-year students at Kwame Nkrumah and Mukuba University for the 2025/2026 academic year.
At Kwame Nkrumah university a total of 660 first year students have been awarded student loans while at Mukuba university a total of 610 students has been awarded student loans,
HELSB received a total of 1, 486 for consideration out of which 1,238 were eligible for the award and 248 were not eligible for the award.
From the eligible applicants 948 are from rural areas and 538 are from urban areas representing 64 percent and 38 percent respectively.
A total of 18 applications from persons with disabilities applied for consideration, and all were successfully awarded student loans.
For Mukuba University, HELSB received 1,177 applications for consideration out of which 1,058 were eligible and 119 were not eligible for the award.
From the eligible applicants 724 are from rural areas and 453 are from urban areas representing 62 percent and 38 percent respectively.
A total of 5 applications from persons with disabilities applied for considerations and all were considered for the award.
Reasons for Ineligibility at both universities included:
• Completion of Grade 12 before 2021
• Incomplete or incorrect documentation
• Exceeding the age limit of 26 years