Home Student Funds/Bursaries HELB Loans Application for Kenyan Students – 2023

HELB Loans Application for Kenyan Students – 2023

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Application for the Higher Education Loans Board, HELB Undergraduate Bursaries/Loans application for Kenyan Students – 2023/2024 Entry is now open for the New academic Session.

HELB – Higher Education Loans Board is a state owned corporation established in 1995 and have grown to become the leading financiers of higher education in Kenya. Our mandate is to source funds and lend them as affordable loans, bursaries and scholarship to students pursuing higher education in recognized institution; which we have successfully done for the past 2 and a half decades.

These loans are for students joining public or private universities within the East African Community directly from high school either through the Kenya Universities and Colleges Central Placement Service (KUCCPS) or as self-sponsored. Amounts awarded range between 35,000 minimum and 60,000 maximum based on the level of need. The loan attracts interest of 4% p.a and the students are required to repay their loans on completion of their studies. Students are advised to apply at least one month before the opening date to allow ample time for processing.

Management of HELB Loans

Students are advised that the loans should be used mainly for:

  • Tuition,
  • Books and stationery,
  • Accommodation and subsistence.
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Students are advised to desist from diverting the funds to leisure or other family obligations.

Repaying your Student Loan

Undergraduate loan repayment starts within one year of completion of studies or within such a period as the Board decides to recall the loan whichever is earlier. However, you can make voluntary payments before or after you complete your studies to reduce your loan balance.

HELB UNDERGRADUATE BURSARIES/LOANS ELIGIBILITY

Scholars are selected on the following criteria:

  • Admission letter from a recognized university in Kenya
  • Certified copy of your national ID (certified by a commissioner of oaths)
  • Recent coloured passport size photograph of yourself

HELB UNDERGRADUATE BURSARIES/LOANS APPLICATION INSTRUCTIONS

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