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February 4, 2026
2w ago

HELB Addresses Release of Loan and Upkeep to Students

HELB Addresses Release of Loan and Upkeep to Students

Over 300,000 learners depend on the HELB loans to advance their studies with the government currently undertaking key financial changes to ensure that the funds are available to beneficiaries on time...

✨ Key Highlights

The Higher Education Loans Board (HELB) has refuted viral claims of a mass student loan disbursement, advising students to ignore fraudulent online notices. While student upkeep disbursement is ongoing for reopening institutions, HELB confirmed that reports of a KSh 9.46 billion disbursement to 300,000+ students are false.

  • A fake letter, attributed to Education CS Julius Ogamba, falsely claimed Ksh 5.76 billion for tuition and Ksh 3.7 billion for upkeep.
  • HELB CEO Geoffrey Monari highlighted stricter recovery strategies due to high defaulters among professionals like accountants, doctors, lawyers, and engineers.
  • Only 11% of accountants, 18% of doctors, 2,644 out of 23,000+ lawyers, and 894 out of 24,803 engineers are actively repaying their loans.

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