The Higher Education Students’ Financing Board (HESFB) is a body Corporate established by an Act of Parliament, number 2 of 2014, to provide both Loans and Scholarships to Ugandan Students to pursue higher Education.
The 1995 constitution chapter 4. article 30 provides that all persons have a right to Education and this is expounded in the preamble to the constitution which provides for national objectives and directive principles of state policy that directs the state to take appropriate, measures to afford every Ugandan equal opportunities to attain the highest standards possible.
 The objectives of the Students’ Loan Scheme are:-
- to increase equitable access to higher education in Uganda;
- to support highly qualified students who may not afford higher education;
- to ensure regional balance in higher education services in Uganda;
Below is a list of approved Public and Private Degree awarding Institutions of Higher Learning whose students can qualify to apply for students loans:
 S/No.      University
- Makerere University Kampala
- Kyambogo University
- Mbarara University of Science Technology
- Busitema University
- Gulu University
- Muni University
- Islamic University in Uganda
- Uganda Christian University
- Kampala International University
- Bugema University
- Nkumba University
- Uganda Martyrs University
- Ndejje University
- Bishop Stuart University
- Kabale University
 THE PARTICIPATING OTHER TERTIARY INSTITUTIONS IN THE STUDENTS LOAN SCHEME
Health Institutions
- Butabika Psychiatric Nursing School
- Butabika School of Psychiatric Clinical Officers
- Health Tutors College Mulago
- Jinja Nursing School
- Jinja School of Nursing and Midwifery
- Masaka School of Comprehensive Nursing
- Medical Laboratory Technician’s School, Jinja
- Mulago Medical Laboratory School
- Mulago School of Dispensing/ Pharmacy
- Mulago School of Nursing and Midwifery
- Mulago School of Occupational Therapy
- Mulago School of Physiotherapy
- Mulago School of Radiography
- Ophthalmic Clinical officers training school
- Public Health Nurses’ college
- School of Clinical Officers, Fort portal
- School of Clinical Officers, Mbale
- School of Clinical Officers, Gulu
- School of Hygiene, Mbale
- Soroti School of Comprehensive Nursing
OTHER TERTIARY INSTITUTIONSÂ OFFERING TECHNICAL COURSES.
- Institute of Survey and Land Management
- National Meteorological Training School
- Uganda Institute of Information and Communications Technology
- Uganda Petroleum Institute Kigumba
- Uganda Technical College, Bushenyi
- Uganda Technical College, Elgon
- Uganda Technical College, Kicwamba
- Uganda Technical College, Kyema
- Uganda Technical College, Lira
NATIONAL TEACHERS’ COLLEGES
- National Teachers’ College – Kabale, Kabale
- National Teachers’ College – Kaliro, Kaliro
- National Teachers’ College – Mubende, Mubende
- National Teachers’ College – Muni, Arua
- National Teachers’ College – Unyama, Gulu