The Higher Education Loans Board is a financial board that supports students by giving them loans so that the money can assist them in their studies.
So far, HELB has supported a lot of university and college students across the country. This past Wednesday, the 29th September 2021, CEO Charles Ringera has delivered sad news to students in universities and colleges, especially those who depend on the HELB loans.
He stated that a Ksh2.2 billion budget cut in March limited the capacity for a lot of students to miss out on the loans.
Initially, each university and college student got at least an average of Ksh45,000. But the budget has made it very difficult for the board to disburse money to students.
Ringera said that the 2020-2021 year has been lost since they never received any cash from the treasury. Which simply means that students will not receive any money in their banks as well.
Content created and supplied by: Nyambeki254 (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More