Important information about the Uganda's students loan scheme

Uganda’s Students Loan Scheme: 1,000 University students will be funded to study science courses at the public and private chartered universities.

After being admitted by such universities, the student would be free to proceed and apply for the students’ loan when applications are invited.

The interest rate to be charged on the loan is meant to cover the inflation rate such that the money borrowed weighs the same value at the time of repayment.

Why the students Loan Scheme: The NRM government under the leadership of the President of Uganda seeks to ensure equal opportunities for all Ugandans to attain higher education through the introduction of a Students’ Loan Scheme for higher education.

The Government of Uganda through the Ministry of Education and Sports has introduced the students’ loan scheme.

Higher education in Uganda was originally free covering tuition and living allowance but the growth of student numbers has meant that the government of Uganda can no longer afford to pay tuition and personal needs for all the students that qualify to join tertiary/ higher institutions.

It has overtime offered bursaries to highly qualifying students at higher institutions but with the growth in student numbers due to UPE and USE support from the Government, many qualifying students have missed the chance to join universities and other tertiary institutions on government assistance.

Key highlights about the students loan scheme

Useful links about the students loan scheme