HESFB: Students to Repay Loans Using Airtel Money

HESFB: Students to Repay Loans using Airtel Money. The Higher Education Students’ Financing Board (HESFB) in partnership with Airtel Uganda have launched a payment system where students can pay their Student Loan Installment at a convenient place and instantly on their mobile or smartphone without having to wait in long bank hall queues.

The development follows the network service provider issuing the Higher Education Students Financing Board (HESFB) with Business Number;1238512, which will be used by Beneficiaries in the repayment process.

In the process of repayment, the beneficiary will input their HESFB Number (e.g HESFB/2022/12345) or Full Names as the payment reference for system reconciliation.

According to the Manager Communications the payment process will be used by both Students and parents who are engaged in early repayment (payments made while still studying) and the beneficiaries who are already in the Repayment window.

How to make your Student Loan payments using Airtel Money – Steps

1. Dial *185#
2. Select: Pay Bill
3. Select:  Option 9 Others.
4. Enter Business Number: 1238512
5. Enter Amount: Loan Installment
6. Enter Reference: HESFB No / Beneficiary’s Full Name
7. Enter Airtel Money PIN

Or

DIAL *185*4*9# > Enter Business Number > Enter Amount > Enter Reference > PIN