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Raila's 2022 bid Suffers A Major Blow As HELB Waters Down His Push To Give Students Free Loans

The Higher Education Loans Board, HELB has responded by warning Raila Odinga against his promise he made to all University students concerning the HELB loan. The ODM chief while addressing Meru University of Science and Technology students earlier in the week, noted that university students will not pay back the education loans when he ascends to power in 2022.

Charles Ringera, HELD CEO said that the government is already running a Ksh43 billion grant through the Universities Fund (UF).

“This is money (grant) is paid to students in universities through the Differentiated Unit Cost (DUC) and they do not pay it back," Ringera noted.

According to Ringera, the loan is a lifesaver since it facilitite many needy students noting that HELB already runs a Ksh237 million bursary which takes care of desperate cases.

“We allocate Ksh8,000 per student as bursaries and this translates to Ksh137 million for university students and Ksh100 million for TVETs every year,” Ringera stated.

Content created and supplied by: MajorEvans (via Opera News )

Charles Ringera HELB ODM Raila Raila Odinga

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