HELB Applications 2015/2016


HELB Applications 2015/2016

    
helb application form for continuing students - The Higher Education Loans Board has been accepting applications since 30th July and will continue to do so until the 30th September. You still have a month to get your applications in!

If you fall under any of the following categories then you are eligible to apply:

    First-time Undergraduate and First-time TVET loan applicants – this includes those in self-sponsored programmes as well
    Second and subsequent TVET – these are former recipients who wish to continue to get support from the board
    Applying for postgraduate scholarships – i.e. Masters and PhD students

Eligibility

    All students placed into colleges and universities by KUCCPS
    All self-sponsored students admitted into recognized institutions (private or public) within East Africa who demonstrate a financial need.

Requirements

    KRA PIN
    A copy of admission letter
    A valid bank account from any of the following banks:
        Cooperative Bank of Kenya
        Equity Bank
        Kenya Commercial Bank
        National Bank
        Kenya Post Office Savings Bank (Postbank)

    Parent(s) or guardian details i.e. name, marital status, level of education, source of income, current pay slip, and employee number.
    Copy of National ID
    Copies of 2 guarantors’ IDs
    3 recent cloured passport photos
    County, Constituency, Ward, Location, Sub-location, Street, Village, Estate
    Physical Address
    Email address – to be used for communication and also setting up your online portal with the board

Application process

HELB went digital a while back. Therefore, most of the application is done online.

Application Tips:

    The earlier you apply, the better. A month in advance is advised, so according to the current deadline you are still in good time.
    All those with the likes of Internet Explorer as their browser should use it to download a modern browser like Mozilla Firefox to make the process as smooth as possible.

Go to the official HELB site www.helb.co.ke, click on apply for loan, then register. You fill out your details on a page similar to this:

HELB Account Creation

Application Steps:

    An authentication link will be sent to your email. Click on that and login to the portal, update your details and click save
    Access the undergraduate Loan Application Form Online (LAF), from the HELB website and fill it carefully.
    Print two copies of the form and have them signed by all required authorities
    Append your signature to the forms and attach all requested documents
    Ensure all information provided is truthful and accurate. Students who obtain loans through misrepresentation of facts can be prosecuted in accordance with the law.
    Take a copy of the LAF to any of the listed Banks for verification and inclusion of bank details, OR
    Drop it personally at the Board’s Office on the 19th floor of Anniversary Towers OR any of the Huduma Centers nearest to you i.e. Eldoret, Embu, GPO, Kajiado, Kakamega, Kisumu, Machakos, Makadara, Mombasa, Nakuru and Nyeri.
    Leave one copy with the bank for delivery to HELB and retain one copy (mandatory)

Also note:

Once your Loan Application Form (LAF) has reached the HELB office, they will notify you, via email, about the receipt of your form and the loan status once they start processing your loan.

For successful applicants, it should take AT LEAST two weeks, from the disbursement date, for the money to reflect in your bank account.

For continuing students, the Dean of Students has to confirm to the board that you are in session for disbursement of your processed loan.

No fees are charged for the application process by the board.

This application must be renewed every year if you are successful and wish to continue receiving support from the board.

This year, about 100,000 students were admitted into various institutions of higher learning and are eligible to apply for support but only about 34% of them will receive these loans. This is due to the reduced funding support to HELB from the government.

HELB was allocated KSH 7.5 billion this financial year, leaving a gap of about KSH 2 billion. KSH6 .3 billion of the total amount will be for continuing students and the remaining KSH 1.2 billion is reserved for first year students. The maximum amount for an undergraduate student is 60,000 shillings per year.


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 HELB Applications 2015/2016

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