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Originally published by Capital Newstop
December 4, 2025
15h ago
HELB affirms compliance to in duplum rule amid loan balance concerns
HELB has clarified that it fully complies with the in duplum rule following public concerns over rising loan balances. A 2022 High Court ruling caps interest and penalties at the principal amount...
✨ Key Highlights
The Higher Education Loans Board (HELB) of Kenya has reassured beneficiaries that it complies with the in duplum rule, capping interest and penalties on student loans at the principal amount. This clarification follows public concerns over ballooning loan balances and a significant High Court ruling.
- The in duplum rule dictates that interest and penalties on a non-performing loan cannot exceed the principal amount borrowed.
- HELB confirmed that all student loan accounts are managed in line with the August 2022 High Court judgment in Anne J. Mugure & 2 Others v HELB.
- Corrective accounting adjustments were implemented immediately after the 2022 ruling to cap interest and penalties, with HELB urging borrowers with concerns to contact their customer service channels.
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