Helb student loan 2022 2023 undergraduate application

Here's a step-by-step guide to help you with the HELB (Higher Education Loans Board) student loan application for undergraduate students in Kenya for the 2022-2023 academic year:

Eligibility Criteria:

  1. Be a Kenyan citizen
  2. Be pursuing a recognized undergraduate degree program at a public or private university in Kenya
  3. Have a valid admission letter from the university
  4. Have a minimum of C+ (plus) in KCSE or equivalent qualification
  5. Be registered with the university

Application Process:

  1. Step 1: Gather Required Documents
    • Admission letter from the university
    • KCSE certificate or equivalent qualification
    • National ID or Passport
    • Proof of registration with the university
    • Bank statement or proof of income (for parents/guardians)
  2. Step 2: Fill the Application Form
    • Download the HELB application form from the HELB website (www.helb.co.ke) or obtain it from the university's student affairs office
    • Fill the form accurately and legibly
    • Attach the required documents
  3. Step 3: Submit the Application
    • Submit the completed application form to the university's student affairs office or online through the HELB website
    • Ensure that the application is submitted on or before the deadline (usually in August/September for the new academic year)
  4. Step 4: Wait for Approval
    • HELB will review and verify the application
    • If approved, HELB will send a loan offer letter to the student's university email address
    • The student must accept the loan offer and sign the loan agreement form

Loan Amount and Repayment Terms:

  1. The loan amount is usually 70% of the total tuition fees, with a maximum of KES 100,000 per year
  2. The loan is disbursed in two installments: 50% in the first semester and 50% in the second semester
  3. Repayment of the loan begins six months after graduation or when the student ceases to be a student
  4. The repayment period is usually 10 years, with a 5% interest rate

Additional Tips:

  1. Ensure that you submit your application on time to avoid delays
  2. Keep a copy of your application form and supporting documents for your records
  3. If you have any questions or concerns, contact HELB or your university's student affairs office for assistance

Remember to stay organized, plan ahead, and follow the application process carefully to ensure a smooth and successful HELB student loan application experience. Good luck!