HELB Opens Portal For First Years Undergraduate Application 2023/2024
For the academic year 2023–2024, the Higher Education Loans Board (HELB) has established the application portal for first-year loan applications. This is aimed at undergraduate students making their initial loan application.
Applications are now being accepted from students enrolled in self-sponsored programmes at private and public universities in Kenya and the East African Community as well as those who have been placed by the Kenya Universities and Colleges Central Placement Service (KUCCPS).
Conditions for First time HELB Loan Applications
The following paperwork must be sent with your HELB application form (all in one envelope):
- a photocopied copy of the applicant’s passport.
- copies of the parents’ national identification cards or, in the event that a parent is deceased, their death certificates.
- copies of the national identification cards of both guarantors.
- a copy of the applicant’s KCSE result slip or certificate and admission letter.
- a duplicate of the applicant’s bank ATM or bank card (only for students with government sponsorship)
- a duplicate of the institution’s smart card for the applicant.
- The applicant’s most recent coloured passport photo.
How to Submit Your First HELB Loan Application
- Visit www.helb.co.ke to establish and activate your account, access the Student Portal, and register.
- Log in, go to Loan Application, click the 2023–2024 Undergraduate First Time Loan Application Form (LAF), and finally pick it.
- Read online, assess your financial literacy, and comprehend the function of credit.
- Fill out the loan application form by logging in.
- The completed Loan Application should be printed twice. Before sending the form to be printed, preview it and make any necessary modifications.
- Fill out the forms correctly, and then sign them as needed.
- The loan terms, conditions, and data protection permission form must be read, understood, and signed in order to be accepted.
- Present one copy of the completed form along with all the supporting documentation to:
a) any of the Huduma centres listed below that are closest to you;
b)HELB Student Service Centre, Anniversary Towers, University Way, Nairobi, OR. Nairobi- GPO, Bomet, Bungoma, Chuka, Eldoret, Embu, Garissa, Kakamega, Kericho, Kilifi, Kisii, Kisumu, Kitale, Kitui, Lodwar, Machakos, Makueni, Meru, Migori, Mombasa, Murang’a, Nakuru, Nand b) Mail or courier it to HELB via registered and safe delivery.
Keep a copy of the Loan Application Form that has been completed and signed (this is required).
Following the submission of a loan application, communications will be sent out in stages regarding the receipt, application verification, award, and distribution of maintenance, tuition, and, if appropriate, bursary loans.Do not fall for the scam; applying for a loan is free.
What Amount of HELB Loan will you receive?
Undergraduate university students may receive a loan worth as little as Sh40,000 or as much as Sh60,000.
The loan amount is shared between tuition fees and maintenance costs for students placed through Kenya University and Colleges Central Placement Service (KUCCPS), while self-sponsored students have their tuition fees transferred straight to the university once a year.
HELB Opens Portal For First Years Undergraduate Application 2023/2024
The loan given and disbursed to the university per semester for tuition [total Ksh8,000] is reduced by a standard amount of Ksh4,000 for Government sponsored students exclusively, and the remaining Ksh2,000 is remitted to the applicant’s bank account for maintenance.
The disbursed loan is reduced by the administrative fee, which is imposed on the loan issued and is equal to Ksh 500 annually.
Few government-sponsored students in need receive annual bursaries ranging from Ksh4,000 to Ksh8,000. The university receives payment of the bursary.
