HELB FINALLY DISBURSES DELAYED LOANS TO 75,000 FIRST YEAR UNIVERSITY STUDENTS.

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HELB NEWS TODAY: GOOD NEWS TO FIRST YEAR UNIVERSITY STUDENTS!

HELB FINALLY DISBURSES DELAYED LOANS TO 75,000 FIRST YEAR UNIVERSITY STUDENTS.

 

 

HELB FINALLY DISBURSES DELAYED LOANS TO 75,000 FIRST YEAR UNIVERSITY STUDENTS.

University students who joined university in September last year have every reason to smile after the Higher Educations Loans Board released the delayed loans to about 75,000 students.

HELB FINALLY DISBURSES DELAYED LOANS TO 75,000 FIRST YEAR UNIVERSITY STUDENTS.

 

These loans are meant to cushion students who hail from needy and disadvantaged backgrounds in their bid to acquire higher education.

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Communication from the Higher Educations Loans Board had earlier indicated that the delays in disbursement had emendated from the cash crunch that had strained the board.

 

This delay had seen most bright students from needy background struggle to pay their fees and cater for their upkeep while at college. At the same time there are many students who were unable to join universities and various colleges after their admission letters were out because of lack of fees.

 

Helb CEO Charles Ringera told Business Daily that they were now waiting to pay Universities and colleges opening in April following their extended breaks.

 

The disbursement of the state loans comes barely days after the board announced that the number of former university students defaulting on loans had risen further.
On March 2, 2022, Helb said 109,661 former students had defaulted on payments amounting to KSh 10.9 billion as of December 2021.

HELB loan disbursement status, repayment and Registration using SMS services/Mobile phone

A student can also access HELB loan services using Short message services, SMS. The following services can be obtained through SMS code:
a)Loan Application and Disbursement status.
b)Loan repayment status.
c)Loan balance.
d)Loan mini-statement
e)HELB Compliance and Clearance Certificate Checker.
f)Loan repayment and many more.

HOW TO REGISTER FOR HELB LOAN MOBILE SERVICES.

 

HOW TO REGISTER FOR HELB LOAN MOBILE SERVICES.

a) Go to your dialer on your mobile and enter *642# and send.
b) Then Select/ enter 1 and send.
c) On the next window prompts, provide your: First name, last name, National ID number, date of birth.
d) Enter a PIN you can easily remember and confirm it.
f) A registration success message will be displayed thus: “Thank you for registering with the HELB mobile platform. You will receive SMS Confirmation Shortly.”

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