Related : Helb Funds Disbursements In The New Model.
The new model of funding begins disbursement end of this month,
Students from different institutions waits for the disbursement to begin as promised by the helb in their Facebook page .
New Model of helb
The new model sees institutions receive new funds both for the loans and scholarships.
Launching this model at the Kenya school government in Nairobi,
The cabinet Secretary Hon Ezekiel Machogu minister for education says that the new model contains the portal for scholarships .
This will see students from humble background receive funds to complete their education .
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The model addresses financial challenges facing the instutions both TVET and higher leaning instutions.
There is an increase in enrollment of students therefore leading to reduced funding,
from 30,000 now students receive 17,000 . a year for the Tvet trainees .
The student centered model minimises blocking funding to instutions.
The president says that the model is 100% government funding , the model has both a window for scholarships, loans and bursaries for university and Tvet instutions .
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Students waiting for the funds disbursement communicated earlier since the portal opens on 31st July and has closes on 27th July.
Release of funds in stages
Funding starts from the batches communicated later in the helb Twitter Web page .
Higher loans board state is a body establish in 1995 by the act of Parliament CAP 213 A
It provides loans and scholarships to kenyan citizens .
How to apply for helb scholarship
Beneficiaries receive the upkeep of helb loan through the money wallet or mpesa , first years benefits first since this is their first application ,
safaricom and helb are patnering to integrate other mobile money services besides mpesa into wallet enabling students receive the money through the phone.
Related : Helb Funds for both scholarships Lnd Loan Grants Disbursements In The New Model
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