Application for student Loans: 2011/2012 Financial Year (undergraduates 2nd & Subsequent times only)

+ Pre-requisite: Must have KRA PIN
+ Go to http://www.helb.co.ke
+ Print & fill in the forms
+ Duly filled form to be sent by secure mail by 30th April 2011

Loan application forms for the following, will be available on the HELB website from 1st February 2011:
+ Self sponsored continuing students (employed / salaried)
+ 1st (first) time loan applicants in the government (JAB) & self sponsored programmes in universities within East Africa, public or private recognized by Commission of Higher Education (CHE)
+ Postgraduate students

** Enquiries to: lending @ helb.coke

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Important Notice: To all HELB Loan beneficiaries

HELB is now partnering with the Kenya Revenue Authority (KRA) to trace loan defaulters.

The Board is in possession of all relevant information pertaining to all defaulters who benefited from the university loan scheme from 1974 to date.

The Board is thus imposing a KES 5000 levy for each month or part of the month that remains unpaid since the maturity of the loan.

All loanees without any income are thus advised to register their details on their website http://www.helb.co.ke (this excludes self-employed loanees).

A Guide to financing by the Higher Education Loans Board

The Higher Education Loans Board is a state corporation whose mandate is to source funds and provide loans, scholarships and bursaries to Kenyans studying in recognized institutions of higher learning.

The Board disburses loans to any Kenyan undergraduate students enrolled in government or self-sponsored programmes in Kenyan Universities and Universities in other member states of East Africa Community recognized by the Commission for Higher Education.

a. Government-sponsored students (JAB)

Application Forms are sent to prospective beneficiaries together with the admission letters by your respective universities. Forms may as well be filled online and downloaded from their website http://www.helb.co.ke Applicants are expected to open bank accounts with one of the banks listed in the Loan application form and submit duly-filled forms to the Banks they have opened the accounts with for free delivery to the Board on or before the stipulated deadline. Applicants are advised to obtain an acknowledgement from the concerned bank.

b. Self-sponsored students

Applicants may apply online and download the filled application form from the website http://www.helb.co.ke  Applicants are expected to open bank accounts with one of the banks listed in the Loan Application Form and submit dully filled forms to the bank they have opened the accounts with for free delivery to the Board. Those who sat for KCSE in the previous year are not eligible to apply in the current year. Those currently pursuing diploma, bridging or Pre University programmes are not ELIGIBLE either.

c. Self-Sponsored Continuing Education Students

Students enrolled in universities recognized by the Commission for Higher Education and demonstrate the ability to service the loan while studying are eligible. Students applying for the first or second and subsequent times may down load down load the application forms from their website, http://www.helb.co.ke. The interest rate applicable to the loan is 12% p.a. Duly filled forms should be submitted to the Board through secure mail.

For further information contact:
The Chief Executive Officer/ Board Secretary
Higher Education Loans Board

http://www.helb.co.ke

Guide on Filling your online HELB Loan Application Form

You will be required to create an account before you can access your Loan Application forms.

Please read the instructions as indicated below before proceeding to filling your application form. Ensure you adhere to the rules. In case of any difficulties, please contact the admin by clicking on Email admin .

The Online loan application process is divide into the following 3 categories.

STAGE 1: APPLICANT DETAILS (Main Tab)

This comprises of three sub categories as elaborated below.

Please fill each section before proceeding to the next item.

a) Step 1 of 3: Applicant:- Personal Details In this section, an applicant is required to fill out there personal information. Items such as Sub-location,Division,location etc should reflect information as per your National Identification Card.

b) Step 2 of 3: Applicant:- Residence Details In this section, an applicant is required to fill out there current place of residence information. Items such as Sub-location,Division,location etc should reflect your current place of residence and not as indicated in your ID Card.

c) Step 3 of 3: Applicant:- University & Loan Details In this section, an applicant is required to fill out there university and loan details.Specify how much loan you require and in case you need bursary this is the section to tick on.

STAGE 2: PARENTS DETAILS (Main Tab) This comprises of four sub categories as elaborated below. Please fill each section before proceeding to the next item.

a) Step 1 of 4: Parents/Guardian details – Parents Marital Status In this section, an applicant is required to fill out there parents marital information. Please specify whether you are an orphan or from a single parent. If either parent is deceased you will be required to provide details of their death certificates and attach certified copies of the same.

b) Step 2 of 4: Parents/Guardian details – Father details. This section is mandatory, if your father is alive. If you specify on the option NOT ALIVE, you wont be required to fill the details of your father.

c) Step 3 of 4: Parents/Guardian details – Mother details. This section is mandatory, if your Mother is alive. If you specify on the option NOT ALIVE, you wont be required to fill the details of your Mother.

d) Step 4 of 4: Parents/Guardian details – Family Expense Details In this section, an applicant is required to fill out there family expense details.This includes items such as food,clothing,rent etc. Please enter numeric values only without special characters or commas e.g. 5000 not 5,000.

STAGE 3: EDUCATION DETAILS (Main Tab)

This section has no sub categories. You will only fill your education details on the form capturing Primary, Secondary and any other enrollment after that.

***I tried it and got a database error, the profile could not be viewed and one could not move to the next section as provided for in the instructions. I have emailed the Admin waiting for response.

Repayment options of HELB Loans for Kenyans in the diaspora

Persons abroad may make direct money transfer to:

  • HELB collection A/C No. 300 040 012 Citibank, Nairobi
    Swift code is CITIKENA
  • HELB collection A/C No. 077-501 82 16 Barclays Bank, Plaza branch
    Nairobi
    Swift code is BARCKENX

Kindly notify HELB by e-mail or phone when transferring money. A receipt will then be issued.

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You  can also place a standing order for payment to be made through their credit cards by filling and submitting a duly filled CREDIT CARD AUTHORIZATION FORM (CCA); you can download the Credit Card Authority form at: http://www.helb.co.ke/Credit_card_authority_form.pdf

Repaying HELB Loans through Zain ZAP

HELB loanees can now repay their loans through Zain money transfer service ZAP.

On your phone, go to ZAP

1. Select ME2U
2. Select money
3. Select nickname (in this case nickname is HELB)
4. Enter amount e.g. 5000
5. Enter your secret password.
6. Confirm the transaction.
7. In the reference section, enter your national ID number.
8. You will instantly receive confirmation via sms from Zain.

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