HELB to delay disbursing loans.

The Higher Education Loans Board (HELB) says students will have to wait for at least one month before the loans are disbursed, as it is waiting an allocation from Treasury. The  budget will be read this week. In earlier proposed moves, HELB had sought to have the minimum allocation per student increased to kshs.40,000 from the current kshs.60,000, to offset rising inflation. Over 90 percent of public University students that apply for HELB loans are usually allocated loans.

Posted in: Education News