HELB releases the list and the total number of students who will receive HELB loan, disbursement date and how to confirm the disbursement status. Check out and see if you are among the beneficiaries

The Higher Education Loans Board(HELB) has announced that first-year students admitted to universities this year will get their first disbursement of student loans before end of October.

 

HELB  CEO Charles Ringera said already 10,000 state-sponsored students have received their first disbursement. The remaining lot, he said will receive the loans by the of October.

“The first time applicants will have received their allocation by October that will help them in paying for their first semester,” Ringera  said.

 

The funds are meant to support the payment of their tuition fees and come at a time the Covid-19 pandemic has disrupted the economic status of the majority of households.

 

This means that 60 per cent of those who qualified for university this year have sought financial assistance to pay for their university education.

 

“Each day we receive an average of 200 applications and we expect the number to be higher than that by the end of the application window,” Ringera said.

 

However, despite the large number of those seeking study loans, Ringera said HELB is only in a position to fund 75,000 students as their budget currently stands at Sh3.2 billion.

 

Subsequently, it will mean almost half of the students selected to join university this September under government sponsorships will miss out on student loans.

In the 2020 Kenya Certificate of Secondary Education exams, 142,540 candidates qualified for university admission but only 128,073 students were placed to pursue degree courses under state sponsorship.

 

 

This in effect means that 63,073 students are set to miss out on the study loans, which weighs in on their ability to cater for their studies.

Ringera said the beneficiaries will get about Sh37,000, a downward revision from the previous allocations of Sh45,000.

 

 

How to confirm HELB loan Disbursement via Website

  • Go to your chrome browser and visit HELB website via www.helb.co.ke
  • On the menu items click on the student portal (You must be registered).
  • Login using your details(username/email and password).
  • Click on the “loan status “tab
  • Click on  the “Disbursement” tab, a form indicating your loan disbursement status will appear.
  • You can confirm the amount of loan awarded and date it was/will be disbursed.
  • Students can also check their loan disbursement status. with HELB smart cards .

 

 

HELB USSD code(*642≠)

HELB has alternatively come up with a USSD code which opens an interface where applicants access HELB services even without internet connection. For HELB beneficiaries to use the USSD code, they MUST first register for the HELB mobile services.

 

 

How To Register For HELB Mobile Services

  • Dial *642# on your mobile phone and send.
  • Enter option 1 and send.
  • Key in your first name, last name ,ID number ,date of birth
  • Enter and confirm a PIN that you can easily remember.

N/B: You will receive a confirmation message for successful registration.

 

 

2.How to check HELB loan Status Via USSD Code (*642)

  • On your mobile phone dial*642#.
  • Select and click the login option.
  • Enter your pin.
  • Choose loan application and disbursement.
  • Select loan disbursement and select the academic year.
  • You will receive an SMS concerning your loan disbursement status.

 

 

3.How To Check Loan Status Via HELB App

The Higher Education Loans Board has yet again simplified its services through the new HELB mobile application. The application can be used to access the following services:-

  • Loan application.
  • Loan status check
  • Scholarship Application
  • Update of details.
  • Loan Repayment.

 

Below is a step by step guide on how to check loan status using the new HELB app.

  • Download and install the latest version of the HELB application from Google play store.
  • On the first page, enter your phone number to generate a pin(Will be sent to your Email or phone number)
  • Validate your pin.
  • The next step is to activate the app ,Enter your first name (in the ID),your ID number, and Email address then click register and proceed.
  • Your details will automatically appear if you had registered earlier using the online portal or Mobile service.
  • In the next window set your app pin and proceed
  • On successful login, Click on loans tab, click on loan status then select the academic year of the loan you want to check status .All the loan details will appear on the screen.

 

NOTE

  1. To access a secure and an up to-date HELB app, use Google play store .
  2. If your HELB app  reads ‘blocked’ after several attempts of getting a verification code, exercise patience as it will automatically unblock you after 30 minutes.

 

Thank you


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3 Comments
  1. Edith Akinyi says

    Have not yet got the upkeep ,,and for school account I got last month ,,,what can be the problem ,,,may you assist me

  2. Aminah Nyaboke says

    I will appreciate

  3. Samuel Mwangi says

    To be informed about my account