The most frustrating part in education is graduating but failing to get employed within the first few years after graduation. Students who do not benefit from HELB for all the years in college may be advantaged since they are normally under no pressure to settle HELB loans.

For those who benefit from HELB, pressure sets in when you have to start servicing your HELB loan but you have neither job, nor money. The worst part is that HELB will only give you a grace period of some few months, before beginning to penalize you Kshs. 5000 per month till you commence paying your HELB loan. That means that if you hustle for one year, you have an extra debt of Kshs. 60000 on top of your HELB loan plus accrued HELB interests. This is malice.

HELB has also perfected its game so competitively that if you are to start servicing the HELB loan, the initial deductions will pay for the HELB penalties rather than the HELB loan and interest.

To be safe, you should start remitting something small to HELB via M-pesa after finishing your studies through pay bill 200800 and your ID number as the account number. Unfortunately, a good number of students fail to get even a small amount to commit to this bully called HELB. They are forced to relax till they get employed. Some professionals even start paying HELB when their HELB loans have accrued to KSHS. 1,000,000 yet HELB gave them a HELB loan of only Kshs 200000.

You don’t need to put on a sad face. You can apply for an 80% waiver on HELB penalties. To do this, you must be prepared to pay a lump sum of your HELB loan plus total interest at once. You rather do that than having to pay a single loan for over 10 years.

If you do not have cash, you can take a short-term loan and use it to clear that amount so that you evade that scary HELB penalty. That route can help you save well over 300,000 shillings depending on your penalty.

Procedure

Step 1

Click https://portal.helb.co.ke/auth/signin  and log into your HELB student portal account using your E-mail and password. You can alternatively copy the link and paste in your browser.

Step 2

On the tab menu on the top, go to online services and on the drop-down menu, click ‘penalty waiver.’

Step 3

A window opens that requires your phone numbers and email address. Fill the details appropriately and submit. This leads you to a window that has the waived amount and the balance that you should pay for it to be effected.

Choose the mode of payment, whether bank or M-pesa. You will be sent a waiver statement via email, which you will download and print.

Step 4

Pay the amount using the mode of payment that you selected. After paying carry the payment slip and the statement that you downloaded to the nearest Huduma center. (all the HELB account numbers are in that statement.

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For those who prefer M-pesa, carry the transaction code and the statement to the nearest Huduma Centre.

Step 5

You can decide to stop at step 4, but if you want a certificate, you must go to the HELB headquarters at anniversary towers, Nairobi with your statement and your national ID.

Students pursuing courses with diploma and certificate options in technical and vocational education training centres are not forgotten in the loan products of the higher education loans board, HELB. It is therefore their fundamental right to apply for HELB loan so as to subsidize their hiked fees. However, those learners who are not sponsored by our government only get the HELB loan in their school accounts as fees. They get no HELB in their personal student accounts as pocket money. Whichever way, getting above 70,000 shillings HELB loan per year towards your school fees is a very big milestone towards comfortably completing that diploma or certificate course of your imagination.

Requirements For Those Applying HELB loan For the First Time

• Photocopy of your identity Card
• Photocopy of your birth certificate.
• Photocopies if identity cards of your parents or their valid death certificates if they had passed on.
• Photocopies of the identity cards of your guarantors
• Photocopy of your letter of admission to the university or preferred college.
• Photocopy of your Kenya certificate of secondary education or just a result slip
• Functional account number.
• Photocopy of your bank plate or ATM card.
• A coloured passport sized photograph

If you have all those required materials, you can apply for your HELB loan very easily using your computer or mobile phone.

Procedure

Step 1

Open the browser in your phone or laptop. If you are using a mobile phone, chrome is the best browser for you since it can open virtually any window in the portal

Step 2

On the search area of your browser, type https://portal.helb.co.ke/auth/signin  and search. If you are ready to do it now, just click on the link and proceed. For those who do not have HELB accounts, you can create one by using the procedure here . you can also reach this HELB portal once you are on the HELB website.

Step 3

Enter your email address and your password then log in. On your HELB account, there are several HELB loan products. Select the relevant one you are applying for. If you are going for a degree course for instance, select first time TVET HELB loan application.

You may be asked several financial and commitment questions, which you must answer before proceeding.Find the HELB financial literacy questions here.

Step 4

Once you are through, you can begin your application process. You will fill in your personal data and save them. You will then proceed to your education details from primary to secondary (name of the institution, location and marks/grades obtained). Thereafter, you will enter your university details (name, course, course duration and registration number), followed by details of your siblings.

The next tab will be about details of your parents (names, identity numbers, KRA Pins, and contacts). If one or both parents had passed on, you will have to indicate and prove with photocopies of death certificates.

You will then give an estimate of your family budget in the next tab. The next tab is about details of your guarantors. You need 2 guarantors who have national identity cards, pin numbers and employment details.

In the next tab, you will fill your Bank details. Ensure that all the details are filled correctly and truly, each time saving before proceeding to the next tab. You will then submit your HELB loan details and print 2 copies of your HELB form.

See also:  How to Apply for First time undergraduate HELB loan in 2020 and get Maximum Disbursement

Step 5

Sign both HELB forms and take them to the guarantors, chief and priest/kadhi for signing. The magistrate should be the last person to sign your form and remember here you may part with some little fee.

Step 6

Keep one copy of the HELB form. On the other form, attach all the required documents as indicated in the very last page of the form. Submit this form to your nearest Huduma Centre or to the HELB offices at anniversary towers, Nairobi.

Requirements For Those Applying For the First Time

• Photocopy of your identity Card
• Photocopy of your birth certificate.
• Photocopies if identity cards of your parents or their valid death certificates if they had passed on.
• Photocopies of the identity cards of your guarantors
• Photocopy of your letter of admission to the university or preferred college.
• Photocopy of your Kenya certificate of secondary education or just a result slip
• Functional account number.
• Photocopy of your bank plate or ATM card.
• A coloured passport sized photograph

If you have all those required materials, you can apply HELB  very easily using your computer or mobile phone.

Procedure

Step 1

Open the browser in your phone or laptop. If you are using a mobile phone, chrome is the best browser for you since it can open virtually any window in the portal

Step 2

On the search area of your browser, type https://portal.helb.co.ke/auth/signin  and search. If you are ready to do it now, just click on the link and proceed. For those who do not have HELB accounts, you can create one by using the procedure here . you can also reach this portal once you are on the HELB website.

Step 3

Enter your email address and your password then log in. On your HELB account, there are several HELB loan products. Select the relevant one you are applying for. If you are going for a degree course for instance, select first time undergraduate loan application.

You may be asked several financial and commitment questions, which you must answer before proceeding.you can read the HELB  financial literacy questions here

Step 4

Once you are through, you can begin your HELB application process. You will fill in your personal data and save them. You will then proceed to your education details from primary to secondary (name of the institution, location and marks/grades obtained). Thereafter, you will enter your university details (name, course, course duration and registration number).

The next tab will be about details of your parents (names, identity numbers, KRA Pins, and contacts). If one or both parents had passed on, you will have to indicate and prove with photocopies of death certificates.

You will then give an estimate of your family budget in the next tab, followed by details of your siblings. The next tab is about details of your guarantors. You need 2 guarantors who have national identity cards, pin numbers and employment details.

In the next tab, you will fill your Bank details. Ensure that all the details are filled correctly and truly, each time saving before proceeding to the next tab. You will then submit your details and print 2 copies of your form.

Step 5

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Sign both forms and take them to the guarantors, chief and priest/kadhi for signing. The magistrate should be the last person to sign your form and remember here you may part with some little fee.

Step 6

Keep one copy of the form. On the other form, attach all the required documents as indicated in the very last page of the form. Submit this form to your nearest Huduma Centre or to the HELB offices at anniversary towers, Nairobi.