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Good News To University Students; Finally HELB Disbursed To Bank Accounts

Daniel Mutuva



Photo: University Students

Higher Education Loans board (HELB) had been operating in a bid of boosting students financially of higher education since it’s establishment.

The financial support to stimulate learning is provided in form of a loan which is ultimately expected back with low interest rate at the end of study period once one has been employed.

However, helb experienced a loophole financially due to covid-19 pandemic that has devastated the economy. Despite of financial hitch, helb has tried the best to facilitate the allocation of funds to students to stimulate learning especially at this time most students are learning virtual in remote following the suspension of physical learning by the government.

The move was let in to curtail the spread of covid-19 as cases in third wave of the pandemic tend to upsurge.

In a statement penned in their official twitter page, HELB has send a reminder to it’s beneficiaries to pay their loan debts easily. Beneficiaries are advised to top up their repayment in addition to their employer remittance via M-Pesa or Bank Deposit.

However, responding to the post, comrades have developed concern on the disbursement of helb loan for the second semester of the academic year.

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HELB has therefore confirmed to comrades that the disbursement of loan for batch number 3305 has already done and they should wait to reflect for their respective bank account within 72 hours.

“Tip Day! If you are a HELB beneficiary, maliza kulipa HELB Loan yako chap chap by topping up your repayment in addition to your employer remittance via MPESA or Bank Deposit.,” HELB pinned

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