Higher Education Loans Board (HELB) is a national body mandated with the tasks of offering loans to students non institutions of higher learning like universities. Previously, HELB only offered loans to students who attained direct entry to the university, but recently the board has introduced loans to college students and even to those in recognized polytechnics countrywide.
Currently, the 2020 Kenya Certificate of Secondary Education (KCSE) students are preparing for the first application to get a loan from the Higher Education Loans Board (HELB). Meanwhile, the students who are already in universities, polytechnics, colleges, Kenya Medical Training Colleges ( KMTC' s) and all other tertiary institutions of learning are preparing to do their subsequent helb applications.
The Chief Executive Officer (CEO) Mr. Charles Ringera was today interviewed by Radio Maisha Presenter Emmanuel Mwashumbe.Mr. Ringera had been invited to talk about compliance certificate and Helb loan payment.When the presenter asked the CEO whether a person can pay the loan once or not, Mr. Ringera said that it is possible.
Good News to University Students After HELB Made This Announcement Conserning Disbursements of Funds
It was a hard time for most university and college students after Higher Education Loans Board delayed in disbursement of funds into their accounts.
Higher Education Loans Board (HELB) is a public body commanded with the undertakings of offering loans to students of higher learning institutions like TVET colleges and Universities. Already, HELB just disbursed loans to students who got direct section to universities, yet as of late the board has acquainted loans with undergrads and even to those in perceived polytechnics countrywide.
Tough Times Ahead for the 2020 KCSE Candidates and University Students After Helb's Latest Statement
Photo courtesy Over 95000 students will be missing their higher loans due to the financial crisis that has been caused by the COVID-19 pandemic, People Daily reports. These students include the KCSE 2020 cohort who will be joining higher education late this year as well as some of the continuing students across Kenyan universities and colleges.
The Higher Education Loans Board (HELB) is a government agency that offers financial assistance to students in higher institutions of learning such as colleges and universities.The board offers loans and bursaries to the students from humble backgrounds to help them quench their education thirst. Charles Ringera is the current Chief Executive Officer (CEO) of HELB that is based at Anniversary Towers in Nairobi.
The Higher Education Loans Board (HELB) has warned Kenyans who have not been paying their loans .The board says search Kenyans risks being listed with the CRB. Talking at a meeting on Wednesday, May 19, HELB CEO Charles Ringera noticed that the defaulted loans added up to Ksh 9.5 billion.
The Higher Education Loans Board (HELB) has issued a warning to 85,000 Kenyans, warning them that if they do not pay their loans, they will be placed on the Credit Reference Bureau (CRB). HELB CEO Charles Ringera said at a press conference on Wednesday that the outstanding loans totaled Ksh 9.5 billion.
At least 95,000 university and college students will be cut off from the list of Higher Education Loans Board (HELB) beneficiaries after government, on Tuesday, announced that it plans to relook at the list of beneficiaries. According to HELB CEO Charles Ringera, the Covid- 19 pandemic has drained revenue from government forcing it to revise the number of students it can help in the scheme.
The Higher Education Loans Board (HELB) has notified 85,000 Kenyans as they remain to get listed on the Credit Reference Bureau (CRB) list if they neglect to pay their loans. speaking at a meeting on Wednesday, May 19, HELB CEO Charles Ringera noticed that the neglected loans added up to Ksh9.5 billion.
85,000 Kenya's risk being listed to the Credit Reference Bureau(CRB).This is according to the latest information from the Higher Education Loans Board(HELB). The 85000 Kenya's have now been put on notice.Failure to honor the above notice will lead to listing on CRB.
The government has over time been issuing university students loans through the Higher Education Loans Board (HELB) to help cater partly for their studies as some of the students' parents cannot afford to pay for the Students education. However, a high number of students after finishing university do not pay the government the money back and this has started to be quite alarming.
HELB Chief Executive Officer (CEO) Charles Ringera expressed that the vast majority of the non-performing advances are from jobless Kenyans or the individuals who lost their positions after the COVID-19 pandemic hit the country. Further, he uncovered that 85,000 Kenyans have not paid their Higher Education Loans Board (HELB) credits, adding up to Sh9.5b.
The Higher Education Loans Board(HELB), was established by an act of parliament in 1995 with the mandate of providing loans, bursaries and scholarships to kenyans pursuing higher education in recognized kenyan universities and colleges and to recover the same after completion of studies to facilitate establishment of a revolving fund. On
There has been calls from graduates who are unemployed or just hustling, to be exempted from payment of Higher Education Loans Board (HELB) funds till they are able to get a stable job.
About 95,000 Helb loan beneficiaries are planned to be ommited by the HELB loans as the board predicts the difficulty periods for those who fully depends on it. HELB has defended the action saying that COVID 19 has caused financial crisis in the country. HELB CEO Charles Ringera asserted that the decrease will forcefully make most of the students to halt their education.HELB CEO Charles Ringera
The Higher Education Loans Board (Helb) has taken steps to stymie the ongoing effort to exempt jobless graduates from having to repay their student loans before they find work.
The Higher Education Loans Board (Helb) has expressed opposition to plans that require beneficiaries to repay their loans after they have found work, claiming that this will prohibit it from targeting those who are self-employed.
The Higher Education and Loans Board, HELB, has communicated and said students will begin to have their Helb loans on Thursday.This comes after Moi University students went on a strike to air their views of how they are suffering.