Government To Provide Loan To Teachers For Further Studies, Requirements And How To Apply

The Kenyan government is set to provide a 500,000 shillings loan to the registered teachers under the Teacher Service Commission, TSC, to further their studies.

As we all know, going to school is a dream that most Kenyan students have. It is often very devastating when they realize that their dreams to further their dreams have been cut off due to insufficient funds and inability to pay their school fees.

However, this does not have to be your truth with education sponsors in Kenya looking for needy and worthy students to support. Knowing how to scout for a good scholarship could be the key to reaching your academic goals with ease

According to the government’s views, the improvement of its human resources is a top priority and a crucial plan for achieving national growth.

An internationally competitive and adaptable human resource base that will significantly support the economic, social, and political pillars that form the basis of national growth is what is envisioned in Vision 2030, the country’s long-term development blueprint.

This necessitates the need for highly qualified, effective, and motivated public service personnel who have acquired the necessary skills and competencies through education and training.

For a country to facilitate access to and manage the Fund on behalf of the government, the Ministry and the Higher Education Loans Board (HELB) have signed a Memorandum of Understanding (MoU).

This Circular is intended to let all TSC workers know that they have access to the training center and can pay for their own professional development

Terms and conditions

Eligibility for the loan

To be eligible for TRF, applicants must have met the following considerations:

1. Be a public servant
2. Have completed the probation period
3. Have completed two (2) years since the completion of a long course
4. Have completed one (l) year since the completion of a short course
5. Commence their studies during the financial year when the funds are awarded
6. The course applied for must be relevant and among those identified as critical (see 5.0 below).
7. Have the ability to commence repayment of borrowed funds immediately after disbursement as per the l/ 3^rd rule requirement under the Service Regulations
8. Have the ability to repay borrowed funds within the stipulated period
9. Previous beneficiaries of HELB loans should have completed repayment or have been servicing the loan for at least six (6) months.

Loan Application Requirements

The following shall be the requirements to be submitted to HELB during the TRF loan application process: –

1. Duly filled loan application forms in hard copy or electronic form
2. Certified copy of the applicant’s National Identification Card
3. Certified copies of the latest three (3) months’ pay slips
4. Copy of admission letter from a recognized institution
5. A recommendation letter from the employer signed by the Accounting Officer or designated officer indicating the approved course, personal number, and designation of the officer proceeding for training
6. Certified copies of national Ids of guarantors who must be serving in a Ministry/ Department/ Service Commission [County Government

Funding

The Fund shall consider applications for courses that cost between Kenya shillings thirty thousand (Ksh.30, 000.00) and five hundred thousand (Kshs.500, 000.00) per year subject to the ability to pay. Funding considerations will include:

1. The award of funds for courses shall be restricted to costs related to tuition, examination, library, computer, and research;
2. Fees for accommodation and tuition on residential short courses will be treated as one item (where applicable) for the purpose of funding
3. Ensuring no one shall benefit more than once from the fund at the same time
4. Successful completion of the course should be within the stipulated period.

Application Process

The applicant shall be required to:

1. Fill out an application form.
2. Sign a loan agreement form when applying for the funds,
3. The forms will be available at the HELB website on helb.co.ke for online application.
4. The forms will be submitted along with the required supporting documents
5. Applicants will be required to provide two guarantors who should be serving public servants in Ministries/ Departments/ Service Commissions/ County Governments.