How To Apply For Subsequent Helb Loan

Are you looking for information on How To Apply For Subsequent Helb Loan? Look no further, In this article, we shall take a look at How To Successfully Apply For subsequent Helb Loan. Applying for a HELB loan can allow you to afford your studies while enjoying low interest.

For the first time the process of applying for the second and subsequent loans will be easy as students now can do it via HELB mobile app.

This article is for those who are applying for the subsequent HELB loan, which means you have already benefited from the scheme as a first-time applicant.

How To Apply For Subsequent Helb Loan

The Higher Education Loans Board has been a lifeline for students wishing to pursue higher education since its founding in 1995. These can be first-year students just starting their academic career or those looking for extra help for years of study ahead.

The number of loans for which you’re eligible depends on the duration of your program. For instance, a four-year program typically allows for four loan disbursements, while a five-year program may accommodate up to five disbursements.

If you fall into any of these categories, we are pleased to let you know that HELB offers two primary types of undergraduate loan applications:

First-Time Application: As mentioned earlier, this serves applicants venturing into higher education for the first time.

Subsequent Application: After the first application, you are eligible for more loans. The subsequent application is designed for you if you are applying for the second, third, or fourth time in alignment with the duration of your academic program.

HELB Loan Requirements

While you might think HELB is available to all undergraduates, you still need to meet certain criteria before the loan can be disbursed. So we advise that you familiarize yourself with the prerequisites for loan eligibility. We have made that easy for you.

Below is a comprehensive overview of the requirements for applying for HELB loans:

1. Be admitted in a recognized institution

The first and most evident need is that you have to be accepted into a Kenyan public or private institution that has been accredited by the Commission for University Education (CUE).

In order to save yourself some worry, make sure your institution satisfies the accreditation requirements before submitting your application.

2. Undergraduate Program Enrollment

Subsequent Helb loans are for students pursuing their studies in Public or Chartered Private Universities within the East African Community, placed either through the Kenya Universities and Colleges Central Placement Service (KUCCPS), Self-sponsored, Parallel and Module II Students studying for a Bachelor’s Degree only.

HELB loans primarily cater to students pursuing undergraduate studies. Make sure you’re pursuing a bachelor’s degree to meet the eligibility criteria.

3. Previous Loan Beneficiary

Just like its name suggests, subsequent HELB loan applications are reserved for individuals who have previously benefited from HELB financing.

If you’re applying for a second, third, or fourth loan disbursement, you must have received HELB loans in previous academic years.

4. Valid Identification Documents

To make your application smooth and seamless, have all the necessary documents at hand. A lack of these documents can render your application invalid.

So prepare essential identification documents ahead of time. You will need a valid national ID card or passport, to verify your identity during the application process.

5. Academic Program Duration

Loan disbursements are normally limited to four under a four-year scheme, but can reach five under a five-year program. The length of your academic program determines how many loan disbursements you are eligible for.

Check the length of your program before applying, and schedule your loan applications appropriately.

6. Financial Disclosure

Be prepared to provide comprehensive details regarding your financial status, including information about your parents’ or guardians’ income, your income (if applicable), and any other sources of financial support you receive.

Honesty and transparency in disclosing your financial circumstances are essential for assessing your eligibility for different loan options and scholarships.

Application Steps for the Subsequent HELB Loan

If you meet the requirements above, then it’s time to apply. You can ensure that your application is successful from start to finish. If that is what you want, consider following the steps in this section.

You can utilize the HELB App to transform the application process. You and other aspiring applicants can apply for loans and scholarships directly from your smartphone with the easy-to-use mobile application.

Step 1: Download and Install the HELB App
Applicants should visit Google play store and download the HELB Mobile Application. So begin by downloading and installing the HELB App on your smartphone. The app is available for both Android and iOS devices through the App Store or Google Play Store.

Simply search for “HELB App” and select the official app developed by the Higher Education Loans Board. Once located, click on the “Install” or “Download” button to commence the installation process. Allow the app to fully install before proceeding.

Step 2: Launch the HELB App and Register
After installing, launch for optimal usage. Open the app, and you will be prompted to register. Register your details (First name, Phone, Email Address, National ID and KRA PIN number) on the HELB App to generate a PIN which you will use to log in and accept the license agreement. Ensure that you use the Safaricom number that you use for Mpesa transactions and it should be registered in your name.

Step 3: Verify Your Phone Number and Email Address
Verify your phone number and email address for added security, before proceeding further. The app will send a verification code to your registered phone number and email address.

Retrieve these codes and enter them in the respective fields within the app to complete the verification process smoothly.

Step 4: Fill in Your Academic Details
The success of the steps below will lead you to the main application where you begin to define and apply for your loans. Here, proceed to fill in your academic details.

Provide information such as your university or college name, course of study, year of study, and the duration of your course. Also, have relevant documents and information readily available before proceeding.

Step 5: Fill in Your Financial Details
One of the major parts of your application is providing details about your financial situation, including your parent’s or guardian’s income, your income (if applicable), and any other sources of financial support.

Transparency in this section is paramount for assessing eligibility for different loan options and scholarships. Ensure you have the necessary financial documents prepared before proceeding.

Step 6: Read the mandatory Financial literacy notes and undertake a brief Question & Answer to appreciate the purpose of credit. Scroll down to view results then click “proceed”.

Step 7: Click on loans then select undergraduate loans to get the Undergraduate Subsequent Loan Application Form [LAF]. Follow each step to fill in the required details and submit.

Step 8: Submit Your Application
Review your application carefully to ensure accuracy and completeness. Verify that all the information provided is correct and up-to-date.

Make any necessary corrections or adjustments before clicking on the “Submit” button to officially send your application to the Higher Education Loans Board for review. A pop-up message will appear to show that you have successfully applied. The loan serial number will also be displayed.

Step 9: Check Application Status and Await Feedback
After submitting your application, use the HELB App to monitor the status of your application throughout the review process. Receive updates on the progress of your application, including notifications when it has been received, processed, and a decision has been made.

Stay patient during the review process, as the processing time may vary depending on the volume of applications.

NB: You will be required to pay Kshs. 1 from your MPESA account during the application process to verify your telephone number. Please note, the application is paperless hence no printing.

Students that are not Safaricom subscribers will be directed to the Portal and apply using the application form, after which they will be required to print and submit the form to the HELB Student Service Centre on Mezzanine 1 Floor at Anniversary Towers

Subsequent HELB Loans Application Channels

To access the HELB Subsequent loans, you can go through three following channels:

Mobile app
Mobile USSD service
HELB loans online portal

Accessing Funds via mobile App
Aside from the HELB app, accessing HELB funds through the M-Pesa mobile application is a viable option. Simply download the M-Pesa app from your preferred app store, and navigate to the HELB loan section.

Once you are in, manage your financial transactions from the comfort of your smartphone.

Applying via USSD Code
Alternatively, applying for HELB loans via the USSD code is a straightforward avenue for students who prefer expedited loan processing. Simply dial *642# on your mobile device, follow the prompts, and provide the requisite information to initiate your loan application.

TVET HELB Loan Application Summary

Download the HELB App from Google Play Store
or use USSD Code by dialing *642#
Note that there has been an upgrade on the HELB
App, therefore ensure to upgrade your App.
Register using your phone number to generate a
PIN which you will use to log in.
Ensure the mobile number is registered under
your name. Please NOTE that mobile numbers not
registered in the student’s name will not be able to
proceed with the application.
Read, understand, and click to accept the license
agreement.
Enter your first name as it appears on your national
ID card, the ID number and valid email address to
complete registration.
Click on the “loans” tab and choose Certificate/
Diploma. Then click “apply” on the TVET second
and subsequent loan.
Read and understand the process tutorial and
proceed to read the financial literacy guide.
Click on get started to start the application process.
Enter your phone number which should be
registered in your name and national id number to
verify that you are the owner of that number.
Read and understand the loan terms and condition
and agree to proceed.
Answer the financial literacy questions and scroll
down to view results and click “proceed”.
Select your preferred loan payment option.
Click request loan to view and verify your loan
details.
Click “submit” to complete the loan application. A
pop-up message will appear to show that you have
successfully applied. The loan serial number will
also be displayed.
At later dates, you will receive other notifications
on awards and disbursements of upkeep and
tuition loans and where applicable, bursary.
Contact HELB for any further assistance through
contactcentre@helb.co.ke

Please note:This application is paperless. You are not
required to print any form. A confirmation SMS with a
loan application serial number is the evidence that you
have applied.

Kindly save the SMS for future reference.
#KaaChonjo HELB does not charge any fee to access
the loan application