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).
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
Why is it that my upkeep is only 1800 shillings please