HELB Waiver 2023-2024
HELB Waiver – Read full details below:
The Helb Announces A 100% Covid-19 Penalty Waiver
Nairobi, 1st March 2022. The Higher Education Loans Board [HELB] has today, officially announced a 100% Covid-19 Penalty Waiver Campaign. Due to the Covid-19 Pandemic, Kenya just like many other countries globally, has experienced a slowing down of the economy over the last 2 years. The unemployment and underemployment as well as a challenging environment …
Nairobi, 1st March 2022. The Higher Education Loans Board [HELB] has today, officially announced a 100% Covid-19 Penalty Waiver Campaign.
Due to the Covid-19 Pandemic, Kenya just like many other countries globally, has experienced a slowing down of the economy over the last 2 years. The unemployment and underemployment as well as a challenging environment for loanees to start and run businesses, has affected HELB loan repayment. This, coupled with inadequate funding from the Exchequer [The National Treasury], has inadvertently created a funding challenge for students seeking HELB Loans.
HELB appreciates the fact that owing to the prevailing economic situation, the loan beneficiaries’ repayment ability may take some time to stabilize.
HELB therefore wishes to announce a 100% Covid-19 Penalty Waiver dubbed #KamilishaMalipoYaHELB from 1st March 2022 to 30th April 2022 to loanees as an appreciation of their commitment to repay their loans, even with the effects of the COVID-19 pandemic, as well as to encourage, the loanees who haven’t started repaying to do so and repay in lumpsum.
In releasing this announcement, HELB CEO Charles Ringera, reiterated that, “It is important for all beneficiaries to honor their obligation as stipulated in the loan application terms & conditions so as to empower the dreams of another needy student.”
HELB has previously offered 100% Penalty Waiver Campaigns in 2013 where 10,110 beneficiaries paid off their loans valued at Kshs 1.3B and in 2018 where 9,998 beneficiaries paid off their loans valued at Kshs 870M.
CPA Charles Ringera,
HELB CEO
Read Also:
Deadline Extension: 100% Covid-19 Penalty Waiver
Nairobi, 4th May 2022. The Higher Education Loans Board [HELB] has today, officially announced an extension of the 100% Covid-19 Penalty Waiver. The waiver, dubbed #KamilishaMalipoYaHELB initially scheduled to run from 1st March 2022 to 30th April 2022, has now been extended to 30th June 2022.
HELB CEO CPA
In releasing this announcement, HELB CEO CPA Charles Ringera said, “Due to the Covid-19 Pandemic, Kenya just like many other countries globally, has experienced a slowing down of the economy over the last 2 years. We acknowledge that unemployment and underemployment as well as a challenging environment for loanees to start and run businesses, has affected HELB loan repayment. This, coupled with inadequate funding from the Exchequer [The National Treasury], has inadvertently created a funding challenge for students seeking HELB Loans.”
In addition to the prevailing tough economic environment, the initial end of the Penalty Waiver, 30th April 2022, also coincided with the back-to-school season. HELB therefore received numerous requests to extend the waiver to allow loan beneficiaries’ additional time to take advantage of the Penalty Waiver. It is with this in mind that, HELB wishes to announce an extension of the 100% Covid-19 Penalty Waiver dubbed #KamilishaMalipoYaHELB to 30th June 2022 to loanees as an appreciation of their commitment to repay their loans as well as encourage the loanees who haven’t started repaying to do so and repay in lumpsum.
“We wish to sincerely thank the loanees who have since responded to our Covid-19 Penalty Waiver Campaign and have repaid their loans in full. We also take this opportunity to remind all beneficiaries to honor their repayment obligations as stipulated in the loan application terms & conditions to enable us to empower the dreams of the 75,000 students who are at risk of not being funded this year,” said Mr. Ringera.
CPA Charles Ringera,
HELB CEO.
Send all HELB Loan enquiries to any of the following contact details below and you will be responded to as soon as possible:
Contacts
Head Office
- Anniversary Towers, 19th Floor
- P.O Box 69489-00400
- Nairobi, Kenya
Student Service Centre
- Mezzanine One (M1) Floor Anniversary Towers
- Operating Hours: 8.00am – 5.00pm
- Service Offered: Loan Disbursement Enquiries
Customer Experience Centre.
- Ground Floor, Anniversary Towers
- Operating Hours: 8.00am – 5.00pm
- Service Offered: Loan Repayment, Compliance & Clearance and HELB Jielimishe Loan Enquiries.
Contact Centre
- 0711052000
- contactcentre@helb.co.ke
- Operating Hours: 8.00am – 5.00pm
The HELB services are now accessible country wide in Huduma Centres
HELB Is Physically Present At:
- Nairobi-GPO,
- Machakos
- Mombasa
- Nakuru
- Eldoret
- Nakuru
- Kisumu
- Kakamega
- Kisii
- Nyeri
- Embu
- Kitui
- Bungoma
- Lodwar
- Meru
- Thika
- Kitale
- Kericho
- Nandi
- Murang’a
- Garissa
- Narok
- Migori
- Chuka
- Kilifi
- Taita Taveta
- West Pokot,
- Bomet
HELB Select Services Available Through Cybercafes At The Following Huduma Centres:
- City Square
- Makadara
- Kibera
- Eastleigh
- Baringo
- Tana River
- Busia
- Elgeyo Marakwet
- Homa Bay
- Isiolo
- Kajiado,
- Vihiga
- Kirinyaga
- Kwale
- Laikipia
- Lamu
- Mandera
- Wajir
- Marsabit
- Nyamira
- Nyandarua
- Samburu
- Siaya
The HELB MPESA Wallet Guide.
The HELB loan mobile payment option is currently available on Mpesa, below is the procedure on how you can access and withdraw the funds from HELB Mini App.
- Download the MPESA App from Google App Playstore or Apple App Store or Huawei App gallery.
- Register on the MPESA App using your MPESA registered phone number, and make sure you are using data bundles from Safaricom.
- Login and go to the home page, then Categories, and to the Education tab.
- Select HELB from Education tab.
- Register on the HELB Mini app.
- Sign in using your MPESA registered phone number, and you will receive a verification code via SMS for login.
- Once you log in, kindly click on the home page tab to withdraw your funds to your MPESA using the withdraw button on the page.
Should you require further support, please email us on ContactCentre@helb.co.ke or call us on 0711052000
How to Repay loans using the HELB Mobile Wallet
Mobile Payment Services: M-PESA
Using M-PESA (Safaricom) Money Transfer:
- Select pay bill option
- Enter HELB business number as 200800
- Enter your national ID number as your account number
- Then Enter amount you want to pay
- Enter your secret PIN number
- Confirm transaction and send
Note: The transaction reflects in your statement immediately after the transaction.
Using M-PESA (Safaricom) Money Transfer for Employers
- Upload the remittance schedule
- Generate the E-Slip
- Go to the M-PESA menu and click on Lipa na M-PESA, then Paybill
- Enter 200800 as the business number
- For the account details, enter the generated E-Slip number as the account number
- Enter your PIN number
- You will receive a confirmation message for payment
Note: The transaction will reflect in the employer statement and posted to individual loanee statements.