Financial Aid & Scholarships

Making quality education accessible and affordable. Explore our comprehensive financial aid options including scholarships, loans, grants, and flexible payment plans.

80% of Students Receive Financial Aid
50+
Scholarships
3
Loan Programs
15+
Grants
4
Payment Plans
Merit-Based

Presidential Merit Scholarship

For outstanding academic achievement

Eligibility: GPA 4.0+ or Top 5% of class
50-100%
Tuition coverage
Available: 10 per year
Application Deadline March 31, 2024

Requirements:

  • Minimum GPA of 4.0
  • Recommendation letters (2)
  • Personal statement
  • Interview with committee
Need-Based

ACET Opportunity Grant

For students with financial need

Amount: Up to TZS 2,000,000/year
TZS 2M
Maximum per year
Available: 30 per year
Application Deadline Rolling admissions

Requirements:

  • Demonstrated financial need
  • FAFSA or equivalent
  • Income verification
  • Academic progress
Government Loan

HESLB Higher Education Loan

Government loan for Tanzanian students

Amount: Full tuition + living expenses
Up to TZS 3.5M
Per academic year
Interest: 4% per annum
Application Period May - July 2024

Requirements:

  • Tanzanian citizenship
  • Admitted to ACET
  • Means tested
  • Guarantors required
Sports

Athletic Excellence Scholarship

For talented student-athletes

Award: Up to 75% tuition
25-75%
Tuition coverage
Available: 15 per year
Trial Date June 15, 2024

Requirements:

  • Regional-level achievement
  • Coach recommendation
  • Tryout attendance
  • Maintain team participation
Work-Study

Student Work-Study Program

Earn while you learn

Hours: 10-20 hours/week
TZS 3,000-5,000
Per hour
Positions: Library, Labs, Admin, Tutoring
Application Ongoing

Requirements:

  • Full-time enrollment
  • Satisfactory academic progress
  • Financial need preferred
Emergency

Emergency Student Fund

For unexpected financial crises

Amount: Up to TZS 500,000
TZS 500K
Maximum per incident
Processing: 24-48 hours
Application Rolling

Eligible Emergencies:

  • Medical emergencies
  • Family crisis
  • Housing emergencies
  • Textbook assistance

HESLB Loans - Higher Education Students' Loans Board

Government-sponsored loans for eligible Tanzanian students pursuing higher education.

Loan Coverage

  • Full tuition fees
  • Accommodation allowance
  • Meals and books
  • Field practical training
  • Research expenses

Important Dates

  • Online applications: May - July
  • Loan allocation: August
  • Disbursement: September
  • Appeal period: October

Required Documents

  • Admission letter from ACET
  • Birth certificate
  • Form Four & Six certificates
  • Parent/guardian income statements
  • Guarantor forms

Application Process

1

Create HESLB Account

Visit olas.heslb.go.tz and create your account using your NIDA number or Form Four index number.

2

Complete Application

Fill in all required information including personal details, program information, and financial data.

3

Upload Documents

Scan and upload all required documents in the specified format (PDF, max 2MB per file).

4

Submit and Track

Submit your application and track its status through the OLAS portal.

Apply via HESLB OLAS

Flexible Payment Plans

Choose a payment plan that works for your budget. All plans are interest-free with a small administrative fee.

Full Payment

3% discount
  • Pay 100% upfront
  • 3% tuition discount
  • No administrative fees
  • Priority registration
  • Installment options
Select Plan

Monthly Plan

TZS 35,000 fee
  • 4 monthly payments
  • 25% down payment
  • Automatic deductions
  • TZS 35,000 admin fee
  • Payment reminders
Select Plan

How to Apply for Financial Aid

1

Get Admitted

Receive an offer of admission from ACET

2

Submit Application

Complete the financial aid application form

3

Provide Documents

Upload required supporting documents

4

Review & Award

Committee reviews and determines award

5

Accept Award

Accept your financial aid package

Frequently Asked Questions

When should I apply for financial aid?

We encourage students to apply for financial aid as early as possible. The priority deadline is March 31st for fall admission. However, we accept applications on a rolling basis and awards are made until funds are exhausted.

Can international students apply for financial aid?

Yes, international students are eligible for merit-based scholarships and some grants. However, government loans (HESLB) are only available to Tanzanian citizens. International students should contact our office for country-specific opportunities.

What is the average financial aid package?

The average financial aid package at ACET is approximately TZS 1,500,000 per year. This can include a combination of scholarships, grants, and work-study opportunities. About 80% of our students receive some form of financial assistance.

How do I apply for HESLB loans?

HESLB loan applications are submitted online through the OLAS portal (olas.heslb.go.tz). The application window typically opens in May and closes in July. You'll need your admission letter, academic certificates, and financial documents.

Can I combine multiple aid types?

Yes, students can combine different types of aid. For example, you might receive a partial scholarship plus a work-study position and a HESLB loan. However, total aid cannot exceed the cost of attendance.

Need Personalized Assistance?

Our financial aid advisors are here to help you navigate your options and find the best solution for your situation.