More About Eligibility and Application Procedure for HELB
More About Eligibility and Application Procedure for HELB. The government has recently proposed a new funding scheme to ensure that students in financial difficulty do not have to pay college and university fees, including support fees, as KCSE 2022 students prepare to enroll in various tertiary institutions.
Any student who did not apply for funding prior to the implementation of this new funding model will be expected to do so through the new site.
It is important to remember that all current students should continue to receive money under this funding scheme, in line with the current government’s approach.
This is what you need to understand
According to President William Ruto’s decision to introduce a new financial model on 3 May 2023, students from the most vulnerable and needy households will receive 100% support.
The government will pay 93% of the cost for the most needy, while poor families will only contribute 7%.
Funding is available to all TVET and university students who have received letters of acceptance from TVET and university programs through the Kenya Universities and Colleges Central Placement Service (KUCCPS).
The government classifies students in need of financial assistance into four categories: vulnerable, very needy, needy and needy. HELB loans are also available to private university students and applications are encouraged.
To ensure that students from low-income families continue to benefit when scholarships are awarded and students from more affluent families continue to receive loan funds from HELB as before, funds will be selected based on the family’s economic status in four categories. background
Loans and Credit
Parents and students are invited to visit www.hef.co.ke, HELB, UFB or Huduma centers for more information on the new funding model.
Students in need of financial assistance must submit an official application online at www.hef.co.ke by midnight on August 8 to September 7, 2023.