Helb First Year Loans 2023/2024: Software Information, Closing Dates And Necessities – Educationnewshub.co.ke

2Q==The Higher Education Loans Board (HELB) has opened the portal for first year loan programs inside the 2023/2024 instructional 12 months.HOW TO APPLY FOR THE HELB UNDERGRADUATE FIRST-TIME LOAN.

You may be thinking the way to apply to your HELB undergraduate first-time loan. Well, applying for this mortgage is simple and clear-cut. You are required to fill the helb mortgage sstudent oftware form on-line.Follow the steps below;Visit the official HELB portal at http://www.helb.co.ke to check in.Read and absolutely fill the HELB Financial Literacy manual.Log into your account and click on at the First Time Undergraduate Loan Application Link.Select and duly fill inside the 2023-2024 First Time Undergraduate Loan Application Form (LAF).Print two copies of the duly crammed Loan Application Form under the print section.Take the shape to the relevant government and guarantors for filling, stamping, and signingSign your duly crammed shape and attach all the important documents as indicated inside the checklist on the last page of the Loan Application Form(LAF).Retain one reproduction of the duly filled LAF  for reference – Mandatory!Present a unmarried copy of the duly finished Loan Application Form and all of the connected helping files to:HUDUMA  Centers: Nairobi, Kakamega, Eldoret, Nakuru, Mombasa, Kisumu, Nyeri, Embu, Machakos, Kisii, Bungoma, Turkana, Meru, Kitui, Kericho, Nandi – Kapsabet, Thika, Garissa and Kitale.The HELB Student Centre on Mezzanine Floor, Anniversary Towers, University Way in Nairobi.Documents required for first time Undergraduate HELB loan candidates

You may be required to publish the following files collectively with your HELB software form (enclose them in a single envelope):A reproduction of the Applicant’s countrywide ID CardCopies of the mother and father national ID Cards/dying certificates in which the determine is deceasedCopies of each guarantors’ country wide ID CardA copy of the applicant’s admission letter and KCSE end result slip/certificateA replica of the applicant’s Bank ATM/Bank card (for Government subsidized college students only)A reproduction of the applicant’s Smart Card from the institutionOne latest coloured passport length picture of the applicant.How tons HELB Loan will you be presented?The loan presented to college undergraduate college students degrees from at the least Sh40,000 to a high of Sh60,000.For the ones positioned by way of Kenya University and Colleges Central Placement Service (KUCCPS), the loan quantity is split to cater for both Tuition price and Upkeep at the same time as the Self-backed students, the money is despatched immediately to the university as soon as a 12 months as lessons prices.A wellknown amount of Ksh4,000 for Government subsidized students most effective is deducted from the loan offered and dispensed to the college in step with semester for tuition [overall Ksh8,000] and the relaxation is sent to the applicant’s bank account as preservation.An Administrative Fee of Ksh500 in line with yr is charged at the mortgage awarded and it’s far consequently deducted from the distributed loan.A limited range of needy government subsidized students obtain bursary of between Ksh4,000 and Ksh8,000 in line with yr. The Bursary is paid to the college.

The First Time Loan Application is divided into the following categories.INFORMATION ON PROFILE

This contains of two sub classes as elaborated under.Please fill every phase before proceeding to the following object.

a) Applicant:- Personal Details In this section, an applicant is required to fill out their non-public data. Items which includes Sub-area,Division,region and many others ought to mirror facts as in line with your National Identification Card.

b) Applicant:- Residence Details In this section, an applicant is required to fill out there current place of house information. Items consisting of Sub-region, Division, place etc have to replicate your modern-day area of residence and no longer as indicated for your ID Card.INSTITUTION DETAILS

This accommodates of three sub categories as elaborated beneath. Please fill every phase before proceeding to the next item.

a) Applicant :- Institution Details In this phase, an applicant is required to fill out their Institution details.

b) Applicant :- Loan Information. Here you are required any records to your mortgage or bursary.EDUCATION BACKGROUND DETAILS

This contains of one category as elaborated below.Please fill each section before proceeding to the subsequent item.

a) Applicant :- Education Background Details In this phase, an applicant is required to fill out their training historical past details.

Primary and Secondary School Details are compulsory. Failure to encompass this can cause automatic disqualificationEXPENSE DETAILS

This incorporates of  classes as elaborated underneath.Please fill every segment earlier than intending to the subsequent item.

a) Applicant :- Family Expenses In this phase, an applicant is required to fill out the own family’s costs.GUARANTOR DETAILS

This contains of one phase as elaborated beneath.Please fill every phase earlier than proceeding to the next object.

a) Applicant :- Guarantor’s Details In this segment, an applicant is needed to fill out the guarantor’s information.

It is obligatory to fill in  guarantors failure to do this will result in computerized disqualificationPARENTS DETAILS

This comprises of three category as elaborated underneath.Please fill each phase before proceeding to the following item.

a) Applicant :- Parents Marital Status In this section, an applicant is required to fill out their figure’s marital repute.

b) Applicant :- Parents Details In this phase, an applicant is needed to fill out numerous details about their discern’s eg. employment.