2019 candidates who were successfully placed by Kenya Universities and Colleges Central Placement Service (KUCCPS) can now do an application for HELB loan 2020. On July 20th, HELB has announced that the undergraduate first-time loan application is officially open.
HELB gives undergraduate students a minimum loan of 35,000 Kenya shillings and a maximum of 60, 000 shillings depending on your needs.
Higher Education Loans Board also gives loans to private-sponsored undergraduate students.
Students under TVET who are placed through KUCCPS can apply for a loan of 40,000 Kenya shillings.
All loans attract an interest rate of 4%, beginning from the time you receive the loan. So take caution to apply only for the amount of money you really need!
HELB Loan Application Requirements
To successfully apply for HELB loan you must provide the following documents and information;
Photocopy of your National ID card
Your own KRA Pin, registered under your name
Your Bank Account details (for convenience, use Equity)
Photocopy of KCPE and KCSE documents
Parents details including a photocopy of national ID cards/Death certificate if deceased.
An email address for communication purposes
Details of at least 2 guarantors already employed, including photocopies of their national IDs.