The application for undergraduate first-time loan for the 2023/2024 academic year will soon be open by the Higher Education Loans Board (HELB).
This opportunity is available to students in Public or Chartered Private Universities within the East African Community , those placed by the Kenya Universities and Colleges Central Placement Service (KUCCPS) and those who are joining public and private universities as self-sponsored students.
Pre-University, Certificate, Diploma, or Postgraduate students are not eligible to apply for this loan.
The loan carries an interest rate of 4% and incurs a Kshs. 1,000 ledger fee per year.
The loans provided by HELB serve as a significant supplement to cover tuition fees.
Any Kenyan student admitted to a recognized chartered university within Kenya and the East Africa Community is eligible to apply for a HELB loan.
List Of Required Documents For HELB First Time application:
- Valid national ID card of the applicant
- KRA pin
- Copy of parents’ ID cards or death certificate (in the case of deceased parents)
- Bank account details (account number)
- Functional email address
- Working mobile phone number
- Copies of ID cards of three individuals who will act as guarantors (remember, this is a loan)
- Academic details from primary and secondary education
How To Apply for HELB Undergraduate Loan(First Time)
- Open a web browser like Chrome and visit the HELB website at http://www.helb.co.ke to access the student portal.
- Register, create, and activate your account on the student portal using your phone number (strictly for the applicant).
- Once logged in, navigate to the loan application tab on the portal and click on “2021/2022 undergraduate first-time application.”
- Fill in accurate information in each section, without skipping any steps, including education background, admitted university, parents’ data, family expenses, guarantors, and bank details.
- After submitting the details, read and understand the financial literacy guide that will be displayed. You will also need to complete a short financial literacy quiz.
- Review the information provided in the online application carefully before the final submission for printing.
- Print a copy of the form, which should be manually filled, signed, and stamped by authorized individuals such as a magistrate, religious leader, and chief.
- Read, understand, and accept the terms and conditions at the back of the form by appending your signature.
- Make sure to attach all the required support documents as prompted on the form.
- Present a copy of the form to the HELB desk at;
- Any of the following Huduma centers nearest to you: Bomet, Bungoma, Chuka, Eldoret, Embu, Garissa, Nairobi GPO, Kakamega, Kericho, Kilifi, Kisii, Kisumu, Kitale, Kitui, Lodwar, Machakos, Makueni, Meru, Migori, Mombasa, Murang’a, Nakuru, Nandi Narok, Nyeri, Taita Taveta, Thika and West Pokot for free and secure delivery; or
- HELB Student Service Centre on Mezzanine 1, Anniversary Towers, University Way, Nairobi
An applicant will receive an email or SMS notification regarding the verification, allocation, and disbursement of the loan application.
Kindly note that HELB services are provided free of charge.
Applicants should be cautious of individuals posing as HELB officials who may attempt fraudulent activities.