Helb loan allocation and disbursement Guide

HELB LOAN ALLOCATION & DISBURSEMENT BREAKDOWN

Undergraduate Allocation Bands Loan (Kshs) Bursary (Kshs) (Undergraduate) Installment Tuition (Kshs) Upkeep (Kshs)
Minimum 37,000 4,000 Semester 1    4,000       16,000
Maximum 60,000 8,000 Semester 2    4,000        15,500
               PSSP     39,500
     
Undergraduate Allocation Bands Loan (Kshs) Bursary (Kshs) (TVET) Installment Tuition (Kshs) Upkeep (Kshs)
Minimum 37,000 4,000 Semester 1  26,400        6,800
Maximum 60,000 8,000 Semester 2        6,800

 

NB: PSSP & Bursary funds are paid at the beginning of semester two in one installment Kshs.500 is retained as administrative fees, see T&Cs on the Loan Application Form (LAF).

See also  Universities Fund- Process Of Grants Application

Additional Points to Note

  • Tuition funds are disbursed directly to the School account
  • Upkeep funds are disbursed directly to the Student’s personal account (Use your own account)
  • Always ensure your Bank account number is active
  • HELB sends SMS/Email notifications after each process i.e. form verification, loan allocation and loan disbursement
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