The Higher Education Loans Board (HELB) has actually revealed dispensations to 3 extra batches as trainees continue to wait for funds for tuition and maintenance allowances, with the existing term currently underway.
In a notification released on Wednesday, October 28, the board verified that batches 007125, 007126 and 007197 had actually been processed and their funds launched.
HELB directed impacted trainees to call their universities or colleges to validate whether the payments had actually been shown in their accounts, as the cash is sent out straight to organizations instead of private accounts.
“The following batches have actually been effectively processed and paid out. Kindly verify with your organization’s financing workplace,” the notification specified.
Trainees inside a University class.
Picture
The most recent statement follows an upgrade previously this month, when HELB validated the dispensation of tuition funds under 5 other batches, consisting of 007139, 007145, 007147, 007146 and 007132.
The dispensations come amidst issues from trainees who have actually reported hold-ups in getting financial backing, with some stating their applications had actually stayed at the allotment phase for months.
HELB continues to ensure trainees that the dispensation procedure is continuous which trainees would be alerted when their funds have actually been launched.
Therefore, trainees under batches that are yet to be revealed might need to wait as the board continues processing the exceptional payments.
With scholastic activities currently underway at numerous organizations, the Ministry of Education has actually been advising universities to confess trainees as the federal government works to disperse financing from the National Treasury.
For the 2026/2027 fiscal year, Treasury designated Ksh58 billion to trainee loans, up from the previous allowance of Ksh41 billion.
The upgrade comes as Members of Parliament think about a proposition to decrease regular monthly HELB loan payment reductions from 25 percent to 15 percent, following calls from education stakeholders to relieve the concern on used graduates.
Those who require to examine their loan status can call * 642 # or go to HELB’s main site for additional info.
Kenyatta University School of Public Health Students in Class.
Image Kenyatta University
Discover more from PMN S.P.O.R.T.S - A PRIME MEDIA NETWORK BRAND
Subscribe to get the latest posts sent to your email.
