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Kampala, Uganda | THE INDEPENDENT | Housing Finance Bank (HFB) has launched a campus-based financing campaign aimed at helping university students overcome financial barriers to higher education by providing access to school fees and laptop loans, it said on Aug.5 in a media statement.
The initiative, dubbed Tugende Mu Class, is targeting students at Makerere University, Makerere University Business School (MUBS) and Kyambogo University as the new academic semester gets underway.
With digital learning becoming an integral part of university education, students increasingly require laptops, internet access and online learning resources alongside tuition and accommodation. For many families, however, meeting these costs remains a significant challenge.
Through the campaign, eligible students can access up to Shs5 million in school fees financing and an additional Shs3 million facility to purchase laptops for research, coursework and digital learning.
Housing Finance Bank says the initiative is intended to make education financing more accessible by bringing financial services directly to students, parents and guardians on campus.
John Veve, Head of Sales Coordination at Housing Finance Bank, said education remains one of the most valuable investments families can make, adding that financial constraints should not stand in the way of students achieving their academic ambitions.
“Education remains one of the most important investments a family can make, but financial constraints should not limit a student’s ability to pursue their ambitions. Our goal through the Tugende Mu Class campaign is to simplify access to education financing by meeting students and parents where they are and providing solutions that address real needs beyond tuition,” Veve said.
Beyond processing education loans, the bank is also offering on-the-spot account opening, financial literacy sessions and guidance on personal financial management to help students make informed financial decisions while at university.
The campaign comes as thousands of freshers and continuing students report back to campus to begin a new semester, often facing the financial pressures associated with tuition fees, accommodation and learning materials.
Badru Kabogoza, the main organiser of the Kyambogo University Bazaar, welcomed the initiative, saying it addresses practical challenges that students and parents encounter during the transition to university life.
“Navigating university life can be overwhelming, especially for freshers who are adjusting to new academic demands. Having Housing Finance Bank directly on campus gives students and parents access to practical solutions, from education financing to account opening, making the transition easier and more convenient,” he said.
The campus activations began on August 1 and will continue until August 8 at Makerere University, August 14 at Makerere University Business School’s Nakawa campus, and August 15 at Kyambogo University.
Students, parents and guardians attending the activations can obtain information on education loan products, open bank accounts and receive financial guidance from Housing Finance Bank staff.
The bank said customers will continue accessing the education financing solutions even after the campus activations through its nearby branches, including Wandegeya for Makerere University, Nakawa for MUBS and Kireka for Kyambogo University.
The Tugende Mu Class campaign reflects Housing Finance Bank’s broader strategy of expanding access to education financing while supporting students with the tools they need to succeed in an increasingly digital learning environment.
