Good news to students as Helb releases funds.
Relief and good news to education institutions as Helb releases funds.
Universities, and Technical Vocational Education and Training (TVET institutions receives helb funds allocation.
Today, 4th October 2023, The higher Education Loans Board (Helb) has started the disbursement of tuition loans.
https://Good news to all beneficiaries
At least 175000, undergraduates and 70,000 TVET continuing students expect the loans under the Old Funding Model.
Helb to release funds from tomorrow
The disbursement is done through the applicants favourable channel, for example, through different bank accounts or Helb mobile wallets.
Tuition fee to various institutions have been dispatched and, it only takes UpTo tomorrow to reflect in the respective bank accounts.
Therefore, Helb body urges the Higher Learning Institutions to allow students register for their units since the funds are already underway.
Helb to issue funds starting 8 October.
However, for first time applicants, Helb application ends on 7th October 2023 after the extension period by CS Education.
Sigh as Helb allocates funds after a long delay
Hon Ezekiel Machogu, extended the application in order to favour all students who had issues to do with their documentation.
In addition, after the end of application, first timers will receive the disbursement message as soon as possible after application.
Both applications for New Higher Education Funding Model for loans and scholarships’ deadline is on 7th October 2023.
Beneficiaries are therefore expected to use their loans in a constructive manner following the tough economic conditions.
Most beneficiaries, misuse the loans in a bad ways like, drug trafficking and misuse, especially those in campuses.
Helb has however urged the older beneficiaries to try and pay their loans so as to ensure smooth running of the board.
Furthermore more, Helb reminds interested participants to apply for loans and scholarships through various media including online.
Applications can be done through the Helb USSD code which is *642# and Helb Mpesa Mini app which is convenient.
Good news to students as Helb releases funds.