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HELB releases the First Batch of names Who will Receive Their Student Loans Next Week


The Higher Education Students’ Loans Board (HELB) has recently released the first batch of names that will receive their student loans next week. 37, 731 names that were released as the first batch of first year university and college students to receive a total of 99.9 Billion Kenyan Shillings in loans for the 2021/2022 academic year.

According to HELB director Abdul-Razaq Badru, 23,379 of the beneficiaries are male while 14,352 are female. He also mentioned that the board has started disbursing money through the respective institutions ready for bank deposits to be made for the students concerned. The beneficiaries are advised to check with the institutions and see whether deposits have actually been effected.

“The students should thereafter get full information from the accounts they used when applying for the loans, which are known as Student’s Individual Permanent Account (SIPA), and prepare themselves to travel to their colleges for registration,” he added.

Badru also added that the government has already played is part and has already provided the board with the funds. The board has also in response, started transmitting the money to the respective universities.

“We are determined to make sure that the students will find the money upon reporting for their studies,” Badru said.

The HELB Director also added that the names in the second batch of beneficiaries will be announced on October 21st 2021. This will be right after the completion of the ongoing review of the applications.

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