HELB Boss Gives Directives to Students Without IDs
On Monday, the Higher Education Loans Board (HELB) provided clarification regarding the manner in which the organisation will release cash to more than 2,000 students who have applied for assistance but do not have National Identity cards.
The Chief Executive Officer, Charles Ringera, issued a statement in which he indicated that the money would be withheld from the student until the student obtained a proper ID. When applying for a loan through HELB, both the student and their parents are required to provide their personal identification numbers.
Ringera drew attention to the fact that the board is unable to act since it is prohibited by law from providing loans to those who are younger than 18 years old.
“An ID is important for identifying the identity of the student especially when they are repaying the loan,” he continued. “An ID is important for identifying the identity of the student.”
The chief executive officer also encouraged students to apply for the subsidies that were publicised by the government, telling them that there were plenty of resources available to meet their requirements.
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Ringera further expressed confidence in the new funding model, highlighting the fact that it has been adopted at the appropriate time to ensure that every student has the necessary finances to advance their studies.
In addition, the CEO made it clear to the students that, in contrast to the previous framework, even if they changed their major or moved to a new school, they would still have access to the monies that had been allotted to them in the event that they did either of those things.
“It is a student-centered model, and the money shall follow them,” the source explained.
According to the CEO’s projections, the board will have spent a total of Ksh210 billion by the year 2028 to support students using the new model. This includes Ksh145 billion for loans and Ksh75 billion for scholarships.
It is anticipated that at least 285,698 students would enrol in higher education programmes during the month of September. The Chief Executive Officer emphasised that all students will be accommodated, putting an end to any worry that certain students might be left out of the programme.
The new method of allocating funds classifies students into one of four groups: those who are vulnerable, those who are severely needy, those who are needy, and those who are less needy.
Ringera pointed out that the government will provide financial support to all of these different categories of students, and that they will all be handled in an equitable manner.
