How to Check Helb Loan Status

How to Check Helb Loan Status

Established in July 1995, the Higher Education Loans Board (HELB) is a state corporation operating under the Ministry of Education.

It was formed by an Act of parliament, Higher Education Loans Board Act’ Cap 213A. HELB’s main aim is to ensure that Kenyans who want to pursue higher education can do so without having to worry about their inability to accumulate required funds.

How the statutory body increasing the chances of meeting this goal is by ensuring proper management of available finances.

Everyone who receives financial support from HELB is expected to make repayments in the future so that the money can be used to fund other students’ education.

It’s also important to note that Ksh 60,000 is the maximum amount of money that a student can receive, while Ksh 35,000 is the minimum.

Types of loans, scholarships, and bursaries offered by HELB

• Loans meant for direct entry students.

These loans are given to students who’ve graduated from high school and have been admitted to private or public universities, within the EAC. These students can either have been placed by KUCCPS or be self-sponsored.

• Loans for students with a salary.

These loans are offered to undergraduate or postgraduate students who are earning a salary. These students are required to pay back their loan as they study, enabling the statutory body to make money.

• Postgraduate scholarships.

Postgraduate scholarships offered by HELB target students who want to pursue masters or doctorate programs, and these students must have a good performance record. The processing fee is Ksh 3,000.

• Visa Oshwal scholarships.

HELB in association with the Oshwal aid offers scholarships to needy undergraduate students amounting to Ksh 100,000 annually. Interested candidates should apply between July and August.

• Undergraduate bursaries.

These funds target direct entry undergraduate students who come from poor backgrounds and need support to pursue their education. The information provided on the application form is the main determinant for who will be accepted for an undergraduate bursary.

• TVET bursaries.

TVET bursaries are designed for students who hope to pursue diploma and certificate courses. Priority is given to students from poor backgrounds, orphans, and single family homes.

How to apply for a HELB undergraduate loan

When applying for a first-time HELB loan, follow the following steps:

1. Visit the student portal, https://www.helb.co.ke/student-portal/ to create an account.
2. After creating an account, log-in using your details.
3. Go through the videos on financial literacy.
4. Fill the application form.
5. Print two copies of the filled, signed and stamped form.
6. Attach all the required documents and submit one copy of the form and documents to the Huduma centre near you or to the HELB student service centre at anniversary towers.

When applying for the second time, follow the following steps:

1. Download the HELB app from the Google play store.
2. Create an account on the app by providing details such as KRA pin, ID, name, phone number, and email address. Doing so will help generate a PI that you’ll be using to log in.
3. Go through notes on financial literacy and answer a few questions then check your results to proceed.
4. Click on loans and choose undergraduate loans to get the appropriate form.
5. Follow the prompts to submit the filled form.

To validate your phone number, you’ll have to send Ksh 1 via M-Pesa.

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Checking your Helb Loan Status online:

1. Visit the HELB portal, https://www.helb.co.ke/.
2. On the bottom of the home page, click on student portal, which is under self-service.
3. Login using your personal details, which means you must be a registered user.
4. Click loan status.
5. Click on disbursement to receive a form that indicates the awarded amount and the date this amount was released to your account.
6. Confirm whether a credit has been made to your bank account.

check helb loan balance via sms

Alternatively, you can check for the same using an USSD code provided by HELB. But before doing so, you must register to access mobile services as below:

1. Dial *642#.
2. Choose option 1.
3. Provide your date of birth, first name, last name, and ID number.
4. Create a pin that you’ll remember in the future.
5. You’ll receive an SMS confirmation upon successful registration.

Below is how you check your loan disbursement by using the USSD code:

1. Dial *642# on your phone.
2. Select option one.
3. Input your pin.
4. Select option 1 to access loan application and disbursement options.
5. To get the loan disbursement report, select option 1 and your current academic year, after which you’ll receive the report via SMS.

You can also use the SSD code to check the status of your loan repayment as below:

1. Dial *642#.
2. Log in by selecting option 1.
3. Enter your pin.
4. Select option 2 to access loan repayment information.
5. Options such as, loan balance, Loan status, Loan Mini-statement, repay loan, and request information will be displayed.

HELB customer care contacts

Use the following details to reach out to a customer care agent:

• Phone number: 0711052000
• Email: .
• Website: helb.co.ke.