Thursday, December 5, 2019

HELB Loan Status 2020 – How to Check HELB Loan Disbursement Status Online and USSD, HELB Loan Appeal Forms Download

In this article, I will give you a detailed procedure of how to check HELB Loan Status and HELB Loan Disbursement status

Currently, in Kenya, we have a cost-sharing policy whereby a student is required to pay Kshs. 50,000/- per year to train at a public university.

Out of this amount, HELB can award a maximum loan of Kshs. 50,000/- and a bursary of Kshs. 8,000. However, this is subject to changes from the Ministry of Education.

How to Check HELB Loan Disbursement Status Online

# Login into your HELB loan Portal from this link HELB loan Portal

# Click on ‘Loan Reports’

# Click on ‘Disbursement’

# To Print Click on ‘Print’, to view PDF Click on ‘Generate PDF’

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How to Check HELB Loan Disbursement Status Via Mobile Phone USSD

  • On your mobile phone dial *642# and send.
  • Select option 1 for log in. (If you see option 1 indicating ‘register’ then you will need to register.)
  • Enter your PIN.
  • Select 1 for Loan Application and Disbursement.
  • Select option 1 for Disbursement report and select the academic year.

Your loan disbursement report will be sent to your line via SMS.

HELB Loan Appeal Forms

How to Check HELB Loan Balance and Repayment Status Via SMS and Online
How to Check HELB Loan Balance and Repayment Status Via SMS and Online

HELB loan is released before the new academic year starts. Thereafter, students who fail to secure a loan or are awarded inadequate amounts are encouraged to appeal. Each appeal is reviewed on its own merit.

If one fails to get a loan, the following could be possible reasons: The student may not have provided adequate information about him/herself as requested or the student may have provided false information on the loan application form.

Access the HELB Loan Appeal forms here

Management of HELB loans

Students are advised that the loans should be used mainly for:

  1. Tuition
  2. Books and stationery
  3. Accommodation and subsistence

Students are advised to desist from diverting the funds to leisure or other family obligations.

HELB Loan Waiver 2018, HELB Penalty Amnesty

Education CS Amina Mohamed has announced a 100 per cent penalty waiver to past HELB beneficiaries who clear their loans in lump sum. She said this during the HELB employers’ forum held in Nairobi on Thursday. She stated that the grace period runs from May 3, 2018 to June 30, 2018.

To benefit from this, one must repay the HELB balance in lump-sum. CEO Charles Ringera said 78,000 loanees owe the institution to a tune of Sh8.1 billion.

HELB Smart Card

Amina Mohamed further directed all university students to be issued with smart cards from HELB to access loans. This will assist in removing physical contact of university deans and students ledger which causes delays.

“It will help the students to pay fees from the tuition e-wallet which is locked by a special system for that purpose only,” she said.

HELB contacts

Send an email to requesting for your statement to repayments@helb.co.ke.
Call HELB on 0722052000
Email lending@helb.co.ke

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