The Higher Education Loans Board (HELB) has issued guidelines on what first time applicants should or should not do when applying for the students’ loan for the first time.
In a statement, the board gave detailed guidelines on the mistakes first applicants should avoid for successful applications.
The funds are eligible to all students who are enrolling for undergraduate programs and to Technical and vocational education training institutions.
Here are some of the guidelines to follow when applying for your First Time Undergraduate and TVET Scholarships and loans as detailed in the statement.
HELB Issues Guidelines on Student Loan Applications
The board asked the Eligible applicants to make sure they give the correct M-Pesa number and account number details so that they are able to access their upkeep payment
In the statement, HELB urged the applicants to avoid using another person’s identification numbers (PIN) and not share their personal details with anyone (student portal password, M-PESA/bank/ mobile app and Unstructured Supplementary Service Data (USSD).
Also Read: How to Apply for HELB Loan Without National ID Card
Interested applicants are expected to provide university/college details and inform the funding board when they change or transfer from one University/College to another or when they change the course.
In addition, the loans board clarified that it does not ask for any applications fees and therefore applicants should look out for monetary traps.
Moreover, the board said that this is an online process, and applicants should not print or submit physical copies of their applications.
Lastly, HELB asked the applicants to make sure that they send their applications on time before the portal is closed again.
Earlier, the board opened a special fund to help civil servants in the national government, county governments, and the National Police Service who want to further their studies.
Also Read: HELB Loan for Civil Servants of Up to Ksh500K; Requirements & How to Apply
In its announcement, the loans board noted that all employers in Kenya had three main responsibilities, when it comes to handling loans for their employees which include notifying relevant authorities when they hire someone who is a HELB beneficiary.
Additionally, deductions should be made from their employees’ salaries based on the agreed monthly rate and that all the deductions taken must be sent to HELB by the 15th day of the next month.
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PHOTO/Edu min
