Table of contents
- Repayment begins two years after you finish your studies, whether you graduate or withdraw13
- You have five years to complete repayment, with a two-year grace period before interest charges start3
- Interest on your loan is 15 percent per annum3
- You can repay through monthly salary deductions via your employer or make direct monthly payments to HESLGB3
Repayment of your HESLGB student loan starts two years after successful or unsuccessful completion of your studies.1 You must pay back your loan within five years of this date.3 A grace period of two years is granted before interest charges commence, after which all loans attract 15 percent interest per annum.3
When repayment starts
All loans are due for repayment two years after the successful or unsuccessful completion of studies.3 This means two years after graduation or after being withdrawn from college, you must commence repayment.1
Payment methods
You can repay your loan in two ways:3
You can also make a one-off payment of the total loan amount plus interest due.3
Where to send payment
Make cash, cheque or online payments to:3
Send proof of payment to loans.recovery@heslgb.com to receive a payment receipt and letter of completion.3
Contacting HESLGB about your loan
To enquire about your loan balance, email loans.recovery@heslgb.com or call +265 992 349 160 or +265 885 890 520.3 Include your full name, years of study, college or university name, student registration number and national identity number.3
Official sources
- booklet.cdr heslgb.mw · PDF
- Loan Repayment – HESLGBi heslgb.mw
Every fact in this guide comes from these official Government of Malawi pages, numbered to match. Fees, dates and rules change: confirm on the official site before you go. Spotted an error? Tell us.