HELB

Higher Education Loans Board app

Helb app enables helb customers access to the below services

Account creation,generation of ministatements,loan repayment and disbursement status ,loan balances , loan application and repayment

It is secure and very simple to use.

What's New in the Latest Version 143

Last updated on Jun 25, 2024

Minor bug fixes and improvements. Install or update to the newest version to check it out!

HELB is a government-funded organization in Kenya responsible for providing financial assistance to students pursuing higher education. Established in 1995, HELB's primary mandate is to disburse loans and grants to qualified students, ensuring equitable access to quality education for all Kenyans.

Eligibility Criteria

To be eligible for HELB funding, students must meet specific criteria, including:

* Being a Kenyan citizen or a permanent resident

* Pursuing an approved undergraduate or postgraduate program at a recognized institution in Kenya

* Demonstrating financial need

* Maintaining satisfactory academic performance

Loan Application Process

Students can apply for HELB loans through an online portal. The application process involves submitting personal and academic information, as well as providing supporting documents such as proof of income and academic transcripts. Applications are assessed based on the student's financial need and academic merit.

Loan Terms

HELB loans are typically disbursed in two installments per academic year. The loan amount varies depending on the student's level of study, financial need, and the cost of tuition and living expenses. Loans must be repaid within a specified period after graduation, with interest accruing during the repayment period.

Repayment Options

Graduates can repay their HELB loans through various methods, including:

* Payroll deductions

* Direct deposits

* Mobile money transfers

HELB offers flexible repayment plans to accommodate the financial circumstances of graduates.

Consequences of Default

Failure to repay HELB loans can result in penalties, including:

* Legal action

* Negative credit ratings

* Travel restrictions

HELB encourages graduates to make timely repayments to avoid these consequences and maintain their financial well-being.

HELB's Impact

HELB has significantly contributed to increasing access to higher education in Kenya. Since its inception, the organization has disbursed loans to over 1 million students, enabling them to pursue their academic dreams. HELB's support has played a crucial role in expanding the skilled workforce and driving Kenya's economic development.