Government and Policy

HELB Gives New Directives For Continued Students On Loan Application

BY Getrude Mathayo · August 2, 2023 11:08 am

On August 1^st, the Higher Education Loans Board (HELB) issued new loan application guidelines for continuing students at universities and Technical and Vocational Education and Training (TVET). HELB explained that select students should apply through the HELB app or USSD Code *642#.

Since the app was improved following the introduction of the new financial model by Education Cabinet Secretary Ezekiel Machogu, HELB urged the students to make sure that it is updated. Additionally, Students must also register using an active phone number with SIM cards registered under their names.

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“Enter your first name as it appears on your national ID card, the ID number, and a valid email address to complete registration. Click on the loans tab and choose a degree.

“Then click apply on the Undergraduate/Certificate / Diploma second and subsequent loan,” read the notice in part.

Therefore, it was advised that students read through the loan terms before responding to the financial literacy questions.

“Select your preferred loan payment option and click Request Loan to view and verify your credit application. Click submit to complete the loan application. A pop-up message will appear to show that you have successfully applied. The loan serial number will also be displayed,” HELB stated.

HELB has assured that it will inform the students on the disbursements of upkeep and tuition loans and other services. They also added that students facing challenges in their applications were advised to reach out to the loans board through contactcentre@helh.co.ke. The deadline for loan applications is September 30.

On July 31^st, the Education Cabinet Secretary Ezekiel Machogu launched a new HELB as directed by the government. Machogu launched the Higher Education Financing Portal that will allow university and TVET students to access funding from the government

“Since the presidential directive on May 3, 2023, on the roll-out of the new funding model, the government has developed and completed the Higher Education Financing portal to receive applications for scholarships, bursaries, and loans for university and TVET students,” the CS stated.