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).

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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