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HomeGENERAL NEWSHELB Loans Released From Treasury, To hit Banks on 7th, Nov

HELB Loans Released From Treasury, To hit Banks on 7th, Nov

HELB Loans Released By Treasury

In response to recent university student demonstrations regarding delayed disbursement, the Ministry of Education will release Higher Education Loans Board (HELB) loans for TVET and university students on Tuesday, November 7.

Education Cabinet Secretary Ezekiel Machogu made this announcement in a statement on Friday, indicating that the processing of loans for first-year university students and TVETs under the new Higher Education Funding Model has been completed by HELB.

Also Read: HELB Has Sent Strong Message to All Students

Machogu further explained, “The Ministry has informed successful applicants that funds will begin disbursement to their respective universities and student accounts starting on Tuesday, November 7, 2023.” Students who applied for loans through the Higher Education Financing Portal were advised to verify the accuracy of their bank information in their applications.

Also Read: Machakos University Students Protest Over HELB Delays

These actions follow a series of student-led demonstrations at various academic institutions, prompted by the prolonged delay in fund disbursement. In one instance, Machakos University students clashed with anti-riot officers and police officers while demanding action from the Education Ministry, resulting in road blockages and confrontations.

Similar incidents occurred in early October when Multimedia University students obstructed Magadi Road in Kajiado County.

HELB Loans Released By Treasury

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