HELB outlines the 10 New Rules For HELB loan Application for first-time loan applicants. The Higher Education Loans Board – HELB has established new regulations for students submitting their first applications for undergraduate and Technical Vocational and Education Training (TVET) loans and scholarships.
The application for HELB loan is done online. However one must meet the minimum requirements and have the necessary documents before filling the online form.
New Rules For HELB loan Application
Following the opening of the application portal, the Higher Education Loans Board (HELB) has encouraged all qualified applicants to submit an application for the funds.
First-time applicants for scholarships and loans should visit www.hef.co.ke, click on “register,” and create an account.
HELB continued by outlining 10 New Rules For HELB loan Application that applicants must meet in order for the application process to be completed successfully.
Rule 1 - Valid Phone Number
The HELB states that before beginning the application procedure, a candidate wishing to apply for financing must have a working phone number and email address.
According to HELB, it is essential for applicants to furnish accurate information and utilize a valid phone number.
Rule 2 - Valid Email Address
Moreover, applicants are required to use a valid email address accompanied by a memorable password, ensuring the email account is accessible prior to initiating the application process.
Subsequently, applicants need to check their email (including Inbox and Spam/Junk folders) to activate their account and log in. Following this, they must enter a valid telephone number for verification purposes.
Rule 3 - Correct KCSE Index Number
The correct KCSE Index Number and the year of examination must be used by applicants, along with their current university or college details.
Kindly note, the year of the exam and the index numbers for the Kenya Certificate of Primary Education (KCPE) and Kenya Certificate of Secondary Education (KCSE) must be present.
Rule 4 - Provide National ID and Maisha Card
Applicants must confirm the possession of national identification (ID) cards. In the absence of national IDs, they are advised against using another person’s ID and instead should use their KCSE Index Number.
Similar to other application procedures, candidates must submit a copy of their Maisha cards or National Identity cards in PDF format, showing both sides.
Rule 5 - Provide Birth Certificate
The provision of birth certificates in PDF format will be necessary for applicants under the age of eighteen (18) in lieu of identification.
Read Also: How To Successfully Apply For Helb Loan
Rule 6 - Submit Passport Size Photo
For their application to be accepted, qualified candidates must additionally submit a copy of a passport-size photo in jpeg, jpg, or png format.
Rule 7 - Provide Bank Account/MPESA Number
An applicant must provide the board with legitimate bank account information or a genuine MPESA number that is registered under their name and ID number in order for HELB to easily disburse the cash.
Rule 8 - Inter-University Transfer
HELB also mandates that applicants notify the funding agencies if they transfer to a different university or college or change their courses, ensuring that their current email address is provided. Prompt application is highly encouraged.
Rule 9 - Updated Bio-Data
Post-verification, applicants should complete their profile details and update their bio-data. Consent for the collection of personal data is required.
After fulfilling these steps, they can submit their scholarship or loan request and agree to the processing of their data by accepting the loan terms and conditions.
For individuals who are sponsored in secondary schools, a copy of the sponsorship letter in PDF format is needed.
Rule 10 - Read Terms and Condition
Additionally, it is crucial for applicants to thoroughly read and comprehend the terms and conditions associated with the scholarship and loan applications.
Furthermore, applicants should update their guarantor details and provide loan payment information, either through bank or mobile payment.
Helb Loan Application Requirements
Here are the requirements for HELB loan Applicants.
- National ID card
- Bank Account
- A KRA PIN
- Parents Details (Photocopy of their Identification Cards)
- Parents death certificate (where applicable)
- KCSE AND KCPE RESULTS
- Email address
- Details of two guarantors including their ID Copies
- Three coloured Passport photos
HELB loan Application Process
- Visit the official HELB portal
- Click on the Tab Indicated create account to create your HELB account
- Update your account details correctly
- If you are applying for the first time. Select First Time Undergraduate Loan Application
- Start filling your form accurately. Don’t skip any step (You will be expected to fill personal details, education, university, parents, family expenses, guarantors, and Bank details). So make sure you have them.
- After you have completed filling your form, confirm your details before submitting
- Submit and print your HELB Form.
- Print two copies of the forms
- Let all the necessary parts be signed by the respective persons on the two copies
- Submit one filled form to the nearest Huduma Centre or the HELB offices in your area.
- Keep the remaining form for your records.
How to check your loan application status?
- Access the HELB website and enter your ID number
- Send an email to requesting for your statement to contactcentre@helb.co.ke.
- Call HELB on 0722052000
- Email contactcentre@helb.co.ke
How much Loan can I get from Helb?
In accordance with the HELB Cost Sharing Policy, 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 and bursary of Kshs.50,000/- and a bursary of Kshs.8,000. However it is not a guarantee that you will be awarded the loan