A loan from the Higher Education Loans Board (HELB) helps many Kenyan students pay for higher education. However, once you complete your studies, you are expected to start repaying the loan according to HELB’s repayment terms, as it is used to help fund loans for future students. For most undergraduate beneficiaries, repayment begins one year
Kenyans are now able to directly support friends, relatives, and other HELB borrowers by making loan repayments on their behalf through a mobile USSD platform. The Higher Education Loans Board (HELB) USSD code *642# service allows not only personal repayments but also third-party payments. This enables one person to contribute toward another borrower’s loan balance.
Many university and TVET students often wonder why part of their Higher Education Loans Board (HELB) funding is sent directly to their institution while another portion is deposited into their personal account. Under Kenya’s student financing model, HELB funding is divided into two components: tuition fees and upkeep funds. Although both form part of a
Popular Posts
