Government disburses 2.7 Billion for HELB loans
Government disburses 2.7 Billion for HELB loans.Today, Cabinet Secretary for Education Ezekiel Machogu released a press statement about the disbursement of 2.7 Billion to Higher Education Loans Board (HELB) meant to cater for the school fees and upkeep of vulnerable students in Higher Education Institutions.
This comes after the students went today protesting outside the Treasury buildings. The students claimed that they are overwhelmed and situation at school is hardening, from accommodation and paying tuition fees for them to be registered for exams.
Education Secretary Ezekiel Machogu made a statement today,Friday, to newsroom stating that the 2.7 Billion released to HELB is meant to cushion students from both public and private institutions.
“The Ministry of Education is aware that the majority of government-sponsored students in our public and private universities are preparing to sit their end-of-semester examinations for the 2022/2023 Academic Calendar,” CS Machogu stated.
“To enable the affected students to be registered with their respective universities ahead of the examinations, I wish to announce that the National Treasury and Economic Planning has released Ksh.2.7 billion for the student loans and bursaries for 180,000 legible students.”
Ezekiel Machogu also added that the vulnerable students should be allowed to register for the exams as they are able to access the HELB funds.
“I, therefore, wish to assure all the affected students that they will be legible for registration ahead of the examinations,” he noted.
“Further, I direct all universities to ensure that all beneficiaries of government loans and bursaries are given the opportunity to sit their end-of-semester examinations as scheduled.”
High Education Loans Board (HELB) is a board established by the government meant to cushion and assist vulnerable students in both private and public institutions. Students are advised to apply for HELB for those who meet the requirements.
Now that the Government has settled the HELB loan issue the students are able to register for end of semester exams in 2022/2023 Academic Calendar.