Uganda, Dec. 7 -- A total of 625 students out 3,089 applicants across the country have been approved to benefit from a Shs2.6b loan scheme, the State Minister for Higher Education, Mr John Chrysostom Muyingo, has said.

Releasing the list of the beneficiaries in Kampala yesterday, Mr Muyingo said they had intended to approve more students, but were limited by resources.

Beneficiaries were picked from 12 universities and 37 tertiary institutions.

Mr Muyingo promised to lobby for more funding to match the increasing demand for the programme.

"We recognise that there is a need for more funding to capitalise the Higher Education Students' Financing Board (HESFB). The demand for the students' loan has certainly surpassed the available resou...